Pakistan has more than a hundred billion dollars foreign debt and the government has to pay at least 10 billion dollars every year against the debt. IMF helped to reduce the current account deficit from $20 billion to $13 billion but also imposed a strict financial condition on us, he added. He said that IMF focuses on micro economy whereas problems with micro economy are affecting the economy at the macro level. That is why PM desires to put Pakistan out of chains from the debt. Telling about the economic plan of Punjab government he said, the government is making comprehensive planning for financial stability.
Pakistan has more than a hundred billion dollars foreign debt and the government has to pay at least 10 billion dollars every year against the debt. IMF helped to reduce the current account deficit from $20 billion to $13 billion but also imposed a strict financial condition on us, he added. He said that IMF focuses on micro economy whereas problems with micro economy are affecting the economy at the macro level. That is why PM desires to put Pakistan out of chains from the debt. Telling about the economic plan of Punjab government he said, the government is making comprehensive planning for financial stability.