ISLAMABAD
\nCoordinator to the Prime Minister on Economy and Energy Bilal Azhar Kayani has expressed his government\u2019s commitment to improve country\u2019s economy under the leadership of Prime Minister Shehbaz Sharif.
\nTalking to media persons in Islamabad on Sunday, he said our macroeconomic indicators are improving and after the staff level agreement with the IMF our foreign exchange reserves will increase. He categorically said we have successfully averted the default position and now expecting increase in foreign exchange reserves after IMF deal and support from friendly countries.
\nCounting on different measures by the incumbent government to improve economy, he said our current account deficit has decreased by 68 percent in first eight months of the current fiscal year. He said keeping in view the foreign exchange reserves, the current government is trying maximum not to put any extra burden on poor people.
\nBilal Azhar Kayani said that the PML-N took loans for development. But, no development work was done during the PTI era. He said 20 million people were pushed below poverty line during the PTI rule. The party also caused the current account deficit. The coordinator said during Imran\u2019s tenure, six million people became jobless.
\nImran government increased the debt by 78 percent, he added. He said instead of staying focused on economy, the ex-prime minister remained busy in political persecution and he didn\u2019t care about public problems.
\nKayani said that the PTI backed out of its promises with the IMF, it caused sugar and flour crisis. The incumbent government managed the economy and restored ties with friendly countries. He expressed the government\u2019s commitment to improve country\u2019s economy under the leadership of Prime Minister Shehbaz Sharif.
\nHe said macroeconomic indicators were improving and after the staff level agreement with the IMF Pakistan\u2019s foreign exchange reserves would increase. Kayani claimed that the present government averted the risk of default and now expecting increase in foreign exchange reserves after IMF deal and support from friendly countries.
\nCounting on different measures by the incumbent government to improve economy, he said our current account deficit has decreased by 68 percent in the first eight months of the current fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Coordinator to the Prime Minister on Economy and Energy Bilal Azhar Kayani has expressed his government\u2019s commitment to improve country\u2019s economy under the leadership of Prime Minister Shehbaz Sharif. Talking to media persons in Islamabad on Sunday, he said our macroeconomic indicators are improving and after the staff level agreement with the IMF our […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-324829","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"\n