Speaking as he lays out additional goals for the government to meet in order to reduce the public’s burden in the face of challenging economic times, Prime Minister Shehbaz Sharif described the decreasing inflation rate as encouraging.
In a speech to the Federal Cabinet in Islamabad, Prime Minister Shehbaz Sharif said that the state bank, finance ministry, and other pertinent Ministries should be commended for their efforts in bringing down the inflation rate in August, which is significantly lower than it was in 2017.
Even though the government is still committed to fostering equal opportunity and job creation, the premier acknowledged that achieving economic stability will take time.
Reducing cyclical debt is also a top objective, he said, but the government sector is focusing on rightsizing and downsizing in order to cut costs.
It will end, according to Shehbaz Sharif, the crooked revenue practices.
The youth of Pakistan, he continued, have been given great hope by the government, and they possess the ability and resources to lead their country out of difficulties.
Prerequisites for achieving a deal with the foreign donor would be fulfilled, Shehbaz Sharif stated in remarks regarding the IMF program.
His promise to make Pakistan’s final IMF programme was reaffirmed by him.