Senator Shibli Faraz, Federal Minister for Information and Broadcasting said that the country was heading toward economic stability owing to the effective policies of the government, He said the government has managed to bring down the current account deficit from $20 billion to$3 billion.
The Federal Minister further added that fiscal deficit stood at 8.1% and foreign exchange reserves held by the State Bank of Pakistan increased to $12.5 billion, Moody’s confirmed Pakistan’s B3 credit rating with a stable outlook due to the government’s effective economic policies.
Senator Shibli Faraz, said that the government adopted an effective policy to boost export and slashed unnecessary expenditures.
The government of Pakistan Tehreek-e-Insaaf has given historical relief package to the construction sector, Senator Shibli Faraz said
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