Business
Tough decisions will revive economy: Finance Ministry
The governance and financial performance in government-owned institutions should be improved, said the finance ministry.
![Tough decisions will revive economy: Finance Ministry](/media/97541/conversions/357202_4147872_updates-1280x720.webp)
Islamabad: The Monthly Economic Update and Outlook for February 2024 has been released by the Ministry of Finance.
According to the Ministry of Finance, the economy is on the path of recovery due to tough and unpopular decisions. The new government should make necessary reforms to restructure Federal Bureau of Revenue (FBR). The governance and financial performance in government-owned institutions should be improved.
The Ministry of Finance stated that economic stabilization measures, encouraging business confidence along with exchange rate stabilization contributed to the positive economic outlook for Pakistan amid ongoing challenges.
The Monthly Economic Update and Outlook for February 2024 said that the actions of the past few months have restored market confidence and accelerated economic activity.
-
Business 1 day ago
Gold price up by Rs1,000 per tola in Pakistan
-
Weather 2 days ago
Cloudy, sunny weather in Lahore, rain also expected
-
Weather 6 hours ago
New spell of monsoon rains to start in Punjab tomorrow
-
Business 1 hour ago
Petroleum prices likely to decline from Aug 1
-
Pakistan 1 day ago
Imran Khan to contest for Oxford Chancellor’s election from Jail
-
Pakistan 2 days ago
Imran Khan candidate for chancellorship of Oxford University
-
Regional 2 days ago
Rana Sanaullah lauds UNESCO's role in sports education
-
Pakistan 1 day ago
Pakistan welcomes “Declaration of Unity” by Palestinian factions