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Economy on path to recovery, inflation declining: FinMin

Economy on path to recovery, inflation declining: FinMin

Business

Emphasises importance of fundamental reforms for sustainable economic stability

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ISLAMABAD (Dunya News) - Federal Finance Minister Muhammad Aurangzeb has stated that the national economy is heading towards improvement, with inflation consistently decreasing.

Speaking at the inauguration of the Pakistan Economic Dashboard in Islamabad, he highlighted the rise in tax filers and the need to increase the tax-to-GDP ratio.

He emphasized the importance of fundamental reforms for sustainable economic stability.

Read also: Tax filers have doubled to almost 3.2mn in Pakistan, says FinMin

The banking sector is facilitating the investors, while the private sector must take the lead in driving the economy forward, the finance minister said, adding that the rupee had also stabilized, and no mini- budget is on the card.