Govt taking steps to stabilize economy: Finance Minister

Finance Minister Shamshad Akhtar says government has taken proactive measures to stabilize the economy and build market confidence.

Speaking at a briefing to Senate Standing Committee in Islamabad, she said the government’s stabilization efforts are anchored around the IMF stabilization package.

Shamshad Akhtar said the caretaker government has taken appropriate actions to stabilize the volatility and speculation in the exchange rate market.

She said BP has issued approvals for five Digital Banks, while the RAAST person to merchant online payment system has also been launched.

Finance Minister said these steps will enhance financial inclusion and support growth.

Source: Radio Pakistan