LAHORE: Punjab Chief Minister Maryam Nawaz says Pakistan has successfully completed its current economic programme with the IMF and its economy is showing satisfactory performance along with increase in foreign reserves.

In a statement on Sunday, she stated that Pakistan’s economy will further improve with the launch of new economic programme with the IMF.

“This is because the nation reposes complete trust in the leadership of Prime Minister Muhammad Shehbaz Sharif,” she said.

According to her, fruits of economic progress during the tenure of PML-N government are coming to surface. “Common man will be provided relief with reduction in electricity rates and check on prices. Major international financial institutions, including IMF, are acknowledging Pakistan’s economic policies,’’ she added.

‘’Owing to Shehbaz Sharif’s economic policies, investors confidence improving. For the first time in the history, 100 index stock exchange has crossed 70,000 psychological barrier.”

She said ‘’good news are awaiting Pakistanis and there is a strong likelihood of reduction in inflation to 12.2pc next year. For the first time, Rs500 reduction occurred in the price of 20 kg flour bag and there is a further possibility of Rs 300 reduction in the flour price according to market indicators.”

Published in Dawn, April 15th, 2024