Finance Minister Muhammad Aurangzeb presented the economic survey, saying that the debt burden has started to decrease, the current account deficit has reduced to only $252 million. Remittances were also received at a historic level last month, 16 out of 22 industrial sectors saw growth, the current account deficit reduced to only $252 million. Pakistan’s economic growth rate was three decimal percent. The average inflation rate was 6.7 percent, and prices remained stable. Foreign exchange reserves reached $17.2 billion, an increase of 49% on an annual basis. Remittances reached $33.9 billion, a 9% increase, $12.7 billion in investments were received in Roshan Digital Accounts, and the volume of loans to the private sector reached a record Rs934 billion. IT exports and freelancers’ income reached $5.8 billion. The number of investors in the Pakistan Stock Market exceeded 563,000. We issued Eurobonds and Panda Bonds. Panda Bonds are a very cheap source for our capital market. The Digital Pakistan Program is being led by Prime Minister Shahbaz Sharif himself. Agricultural loans have increased by 16% in the current fiscal year.
