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Pakistan's Economy Requires Fundamental Reforms and Political Will, Says CEO of Pakistan Business Council /
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2024-06-16 10:59:26

Pakistan's Economy Requires Fundamental Reforms and Political Will, Says CEO of Pakistan Business Council on Nostr: Pakistan PM Shehbaz Sharif Vows to End Reliance on IMF Bailouts and Revive Economy ...

Pakistan PM Shehbaz Sharif Vows to End Reliance on IMF Bailouts and Revive Economy
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#565bcf8f ver:0.05

Pakistan PM Shehbaz Sharif vows to end reliance on IMF bailouts and revive the economy. Negotiations for a loan with the IMF are underway, with Sharif hoping it will be the last in Pakistan's history. He emphasizes reducing expenses, combating corruption, and providing education and skills to the youth. Pakistan's economy faces challenges such as rising inflation and a widening fiscal deficit, but the government is taking steps to stabilize and attract investments. Efforts include boosting exports, improving tax collection, and addressing energy shortages. The Cash in Circulation (CinC) issue needs attention, and the State Bank of Pakistan has opened a museum to educate about money and banking. Easypaisa introduces a 'Savings Pocket' feature for secure goal-based savings. The Benazir Income Support Programme provides cash assistance to deserving families. Fundamental reforms and political will are needed for Pakistan's economy to recover and grow. #Pakistan #economy #IMF #inflation #investment...

#newstr #Pakistan #Imf #Economy #Bailout #ShehbazSharif

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