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Pakistan’s economic reforms on right path, says finance minister

News Snapshot:

Federal Finance Minister Muhammad Aurangzeb has emphasized that the ongoing IMF programme is, in fact, Pakistan’s own economic reform agenda. Addressing a press conference, he stated that Pakistan needs the IMF programme and is committed to making tough decisions to stabilize the economy. The minister acknowledged that previous governments had avoided difficult but necessary economic decisions. However, he noted that the country’s economy is now moving in the right direction. He pointed out a consistent increase in remittances from overseas Pakistanis, expressing optimism that if the trend continues, remittances could reach $36 billion annually. Highlighting key economic developments, Aurangzeb said…

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