Govt committed to fulfill IMF programme, says finance minister

Islamabad: Finance Minister Muhammad Aurangzeb on Wednesday reiterated the government's dedication to fulfilling the International Monetary Fund (IMF) programme and implementing structural reforms to stabilise Pakistan's economy.

He said the country has made significant progress on the economic front over the past year.

Addressing a conference in Islamabad today, he highlighted the stability of the currency and the increase in foreign exchange reserves. He noted that foreign exchange reserves now cover two and a half months of imports. Additionally, inflation has decreased to 4.9 per cent.

The Finance Minister also assured full support for the private sector in the development of the housing sector. He emphasised that housing is a critical pillar of inclusiveness and stressed the need to simplify procedures for house financing.