All economic indicators have improved, and the value of the rupee has stabilized, according to the Finance Ministry’s Monthly Economic Outlook Report.
The report claims that while the value of the rupee has stabilized, State Bank reserves have increased from $8 billion to $11.20 billion.
The first seven months of the fiscal year saw a record increase in both remittances and exports, with the former rising 25.2% from July to January and the latter increasing 9.7% during that time.
While non-tax revenue climbed by 82%, FBR revenue collection increased by 26.2% between July and December.
According to the report, the consumer price index fell from 28.7 to 6.5% and the budget deficit decreased by 36.1%.
