Tuesday, March 5, 2024

Pakistan in 2.5 Years paid off $20 Billion of Foreign Loans

As per the Prime Minister of Pakistan, Economy of Pakistan is stabilizing as well as moving in a positive direction despite the fact of COVID-19 pandemic.

At Roshan Digital Account ceremony held at Islamabad, it was highlighted that the ruling of PTI government and their success stories for economic sector of Pakistan.

PM said that Pakistan has paid off its foreign loans worth RS 20 billion in PTI government. The Roshan Digital Accounts have also crossed the $500 million mark in the remittances.

It was stated that when the government of PTI came into power, the country had a record deficit that had the greatest impact on Pakistani rupee. It further added that overseas Pakistanis also helped in stabilizing the rupee.

Moreover, he also spoke about a significant increase in the exports and said that it happened at the time when economies worldwide were affected badly due to the pandemic of COVID-19.

Mehjabeen Qasim
Mehjabeen Qasimhttps://startuppakistan.com.pk/
Business Journalist at Startup Pakistan

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