Pakistan Economic Stability Improves And Inflation Declines Now

Pakistan economic stability improves as global lenders and investors recognize better economic conditions and lower inflation.

A delegation from the International Monetary Fund met representatives of the Overseas Investors Chamber of Commerce and Industry. Both sides discussed Pakistan’s economic situation and recent progress.

Officials acknowledged that inflation has declined in recent months. They also said foreign exchange reserves have improved. They described Pakistan’s financial sector as stronger and more stable.

The IMF mission chief, Eva Petrova, led the delegation. The OICCI President, Yousaf Hussain, appreciated the improvement in macroeconomic stability. He asked for tax reforms to make the system fair and efficient.

Business leaders urged the government to expand the tax net. They also requested reducing the tax burden on salaried people. The IMF assured that it will continue consultations with the business community.

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The Overseas Investors Chamber suggested creating a long-term economic plan. They emphasized using Pakistan’s geographic position for economic growth. Investors said a simple and competitive tax system will attract more investment.

They also recommended timely tax refunds and consistent policies. Business leaders promised continued cooperation with the government and global institutions.

Experts believe these steps will support growth and investor confidence. Continued reforms and stability will strengthen the economy further. Pakistan economic stability improves as reforms, stronger reserves, and lower inflation create a more positive outlook.