As economy stabilises, focus turns to reforms

Federal Finance Minister Muhammad Aurangzeb has emphasised that the government has achieved macroeconomic stability over the course of 12 months and now it is working on critical reforms. He expressed these views while addressing the Insure Impact Conference, held under the aegis of the Securities and Exchange Commission of Pakistan (SECP), via Zoom on Wednesday. Aurangzeb noted that Prime Minister Shehbaz Sharif had an encouraging meeting with the International Monetary Fund (IMF) managing director in Dubai. The IMF chief appreciated the structural reforms implemented by Pakistan's government. He commented that everyone was aware of economic stability, adding that the government had outlined a vision for "Insured Pakistan," so faster and cheaper insurance would be of paramount importance.