Pakistan’s Foreign Exchange Reserves are Improving: Finance Minister

Federal Finance Minister Muhammad Aurangzeb consulted stakeholders regarding loan matters in a recent meeting. Foreign exchange reserves are improving, said the Finance Minister, while adding that viable businesses should be saved from bankruptcy before it’s too late. According to Aurangzeb, the private sector should lead the economy, while the government will act as a facilitator, and an effective and sustainable system is essential for loan disbursement. Struggling institutions need to be revived while solutions to financial issues must be systematic and long-lasting, stresses the Finance Minister. The Finance Minister also highlighted the role of the private sector, stating: “The private sector plays a crucial role in the national economy, and the government is encouraging its efforts.”