Pakistan’s Economy Set for Growth After Stability: PM Shehbaz

Summary:
Prime Minister Shehbaz Sharif stated that Pakistan’s economy is ready to grow after achieving stability through government efforts. He highlighted the success of securing a $7 billion IMF loan, reducing inflation, and lowering the policy rate. The government aims to boost exports, curb smuggling, and engage the business sector in economic policies. Structural reforms and privatization are also key priorities. Peace, stability, and unity are essential for long-term development.

Key Points:
Economic Stability Achieved: Government efforts have stabilized the economy, setting it on a growth path.
IMF Loan Secured: A $7 billion IMF program prevented economic collapse.
Inflation & Interest Rate Drop: Inflation fell from 40% to 2.4%, and the policy rate is now 12%.
Privatization & Reforms: The government is focusing on privatization and economic restructuring.
Boosting Exports & Business: Plans to reach $100 billion in exports with business sector support.

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