Economic Stability on the Rise, Say PM Shehbaz Sharif and Information Minister

Federal Information Minister Muhammad Aurangzeb announced on Saturday that Pakistan’s economy is stabilizing due to the government’s proactive policies. Speaking at a ceremony organized by the Overseas Investors Chamber of Commerce, Aurangzeb highlighted that inflation is gradually decreasing and trade and investment are improving.

Aurangzeb also stressed the importance of supporting the private sector and solving its longstanding issues, noting that consistent policies across all sectors are vital for sustained growth. He criticized the economic losses caused by protests, stating that daily disruptions cost the economy Rs190 billion.

Prime Minister Shehbaz Sharif echoed these sentiments in his statement, celebrating a decline in weekly inflation to 3.57%, the lowest rate in six years. He credited the economic team’s efforts and highlighted increased remittances, foreign investments, and strong diplomatic ties as signs of progress.

Shehbaz reaffirmed his commitment to generating employment, fostering industrial development, and promoting foreign investment. “The country is now moving rapidly toward development after achieving economic stability,” he said.