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How much loan, government has taken in the last 4 months: Finance Advisor Hafeez Sheikh

 

Finance Adviser Abdul Hafeez Sheikh said that the government has not taken any loan in the last four months, the value of rupee has stabilized, SBP's reserves are 13 13 billion.

Talking to media, Finance Advisor Abdul Hafeez Sheikh said that due to the economic crisis, he had to go to the IMF. The IMF delegation will visit Pakistan in a few weeks. He said that the IMF program would be fully on track soon. We will go with the understanding with the IMF.

The finance adviser said that in addition to the loan program, the IMF has given incentives to Pakistan. Incentives have been given to the business community for the development of the economy. Gone He said that the automobile and textile sectors are improving rapidly. In two years, the current account deficit was reduced from 20 20 billion to 3 3 billion.

Financial Adviser Abdul Hafeez Sheikh has said that no loan has been taken by the government in the last four months, an investment of 3 433 million has been made. He further said that the value of rupee has stabilized, at present SBP reserves are  13 billion.

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