Islamabad, Nov 18: PM Expresses Satisfaction Over Economic Stability and Investment Growth. On Monday, Prime Minister Muhammad Shehbaz Sharif declared that the nation’s economy was headed toward stability and that the stock market was doing well as a result of the actions taken in this direction.
He claimed that confidence in the government’s programs was reflected in international investment. According to a news statement from the PM Office Media Wing, the prime minister was briefed by the Ministry of Finance on the state of the nation’s economy and the meeting with the IMF delegation.
PM is pleased with the investment surge and economic stability. The prime minister received a briefing on the state of inflation and economic statistics. The actions taken against tax evasion and those who aid in such theft were also explained to the gathering.
The prime minister emphasized that they were doing everything in their power to keep their pledges to the public and that public relief should take precedence over all other actions. Additionally, he was pleased to see that the inflation rate had decreased from 38% to 7% and that borrowing rates had been cut from 22% to 15%, all of which would encourage business and job growth in the nation.
Ministers Muhammad Aurangzeb, Ahad Khan Cheema, Attaullah Tarar, Dr. Mussadik Malik, Ali Pervaiz Malik, PM’s coordinator Rana Ahsan Afzal, and other pertinent top officials attended the meeting.
Prime Minister Sharif also noted that the nation’s foreign reserves have grown as a result of a spike in exports and record remittances. He also commended the provincial administration and the chief minister of Punjab for their agricultural reforms.
The prime minister reaffirmed the need to hold tax evaders and those who assist them accountable and ordered swifter action against tax defaulters. “The economy of the nation can grow effectively when all parties involved fulfill their obligations. According to a press release, the prime minister stated that all sectors should pay taxes in order to fulfill their part in the advancement of the country.
