BREAKING NEWS

National Economy Now on Path to Stability: PM

Islamabad: Prime Minister Shehbaz Sharif has expressed gratitude over achieving a current account surplus of 2.1 billion dollars in the last fiscal year. In a statement on Friday, he said it is extremely encouraging that the current account surplus has reached the highest level in the past 22 years. The Prime Minister noted that foreign exchange reserves have exceeded 19 billion rupees as a result of government measures.

According to Radio Pakistan, the primary reason for the stability in the current account surplus is the significant increase in remittances and exports. The Prime Minister highlighted that the steadily improving financial and economic indicators demonstrate that the national economy is now on the path to stability. He emphasized that the government is taking priority measures to further enhance the business and investment-friendly environment in the country.

Shehbaz Sharif also commended the efforts of the government's economic team, acknowledging their role in achieving these positive economic outcomes. The focus on increasing remittances and exports has been pivotal in achieving the current account surplus, contributing to the broader economic stability of the country.