Hafeez Sheikh says the PTI government is taking measures for economic stability

The advisor to the Prime Minister of Finance and Revenue, Dr. Abdul Hafeez Shaikh, said Wednesday that Pakistan’s current government, Tehreek-e-Insaf (PTI), is taking steps for economic stability in the country.

Speaking at the National Assembly (NA), the advisor said economic conditions are directly affecting the people of Pakistan, so the government is paying full attention to improving this situation.

He added that developed countries had expressed interest in investing in Pakistan to balance the economy for four years.

Hafeez Shaikh said that no prime minister can influence the value of an order currency. The main reason behind the economic crisis is that we take dollar loans when we did not have enough of this currency in the country, he added.

The adviser said there was zero export growth during the previous government’s term. No one was ready to help Pakistan in this critical situation, he continued.

Shaikh said: “We take loans from the International Monetary Fund (IMF) to help economic growth.”

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