ISLAMABAD: Prime Minister Shehbaz Sharif said on Monday that Pakistan achieved macroeconomic stability last year with the help of the International Monetary Fund (IMF) programme.

Speaking to Pakistani business leaders and investors in Dubai, the PM said the macro-level economy had gradually improved in the previous year as inflation slowed to 2.4 per cent in January with the policy rate reduced to 12pc.

The exports have increased compared to last year and overseas Pakistanis remitted over $3bn “which was a record”, he claimed.

According to the latest data, exports in January stood at $2.92bn, up by 4.59pc compared to $2.79bn in the same month last year.

Says economy stabilised with support of IMF, emphasises importance of IT, agriculture sectors for prosperity

He said the country would have to overcome tough financial challenges and that the government was “moving in the right direction” to achieve economic........

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