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Dar says govt’s economic reforms to continue for two more year

byCT Report
12/07/2016
in Business
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ISLAMABAD: Federal Finance Minister Mohammad Ishaq Dar has Monday that the government’s economic reforms would continue with the same vigour for the next two years.

In a statement issued here, the minister said that the economic reforms carried out so far had paid dividends and economic conditions had shown marked improvement. He said that the government had to take many tough and unpopular decisions in the process, but the results have demonstrated the benefits of these reforms to macro-economic stability that the country has achieved within a span of three years. He said that reforms had been introduced to strengthen institutions including the State Bank of Pakistan, Securities and Exchange Commission of Pakistan and Federal Board of Revenue which have contributed to the strengthening of these institutions as well as positive results in the fiscal side of the economy.

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The finance minister added that the continuity of the implementation of reforms as per the agenda of Prime Minister Muhammad Nawaz Sharif and Pakistan Muslim League (N) would ensure consolidation of economic gains so far achieved and will provide for setting the country on a higher growth trajectory in order to achieve inclusive and sustainable growth, jobs creation and reduction in poverty.

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