AGL 38.60 Increased By ▲ 0.04 (0.1%)
AIRLINK 213.48 Increased By ▲ 5.71 (2.75%)
BOP 10.15 Increased By ▲ 0.09 (0.89%)
CNERGY 7.06 Decreased By ▼ -0.02 (-0.28%)
DCL 10.00 Increased By ▲ 0.01 (0.1%)
DFML 41.25 Increased By ▲ 0.11 (0.27%)
DGKC 103.26 Decreased By ▼ -0.20 (-0.19%)
FCCL 36.36 Increased By ▲ 0.01 (0.03%)
FFBL 91.50 Decreased By ▼ -0.09 (-0.1%)
FFL 14.65 Increased By ▲ 0.05 (0.34%)
HUBC 140.85 Increased By ▲ 1.42 (1.02%)
HUMNL 14.26 Increased By ▲ 0.16 (1.13%)
KEL 5.92 Decreased By ▼ -0.05 (-0.84%)
KOSM 7.74 Decreased By ▼ -0.12 (-1.53%)
MLCF 47.30 Increased By ▲ 0.02 (0.04%)
NBP 73.00 Decreased By ▼ -0.76 (-1.03%)
OGDC 228.00 Increased By ▲ 5.34 (2.4%)
PAEL 38.85 Increased By ▲ 0.74 (1.94%)
PIBTL 9.37 Increased By ▲ 0.10 (1.08%)
PPL 208.99 Increased By ▲ 3.14 (1.53%)
PRL 40.96 Increased By ▲ 1.11 (2.79%)
PTC 27.10 Increased By ▲ 0.48 (1.8%)
SEARL 111.50 Increased By ▲ 1.26 (1.14%)
TELE 9.19 Decreased By ▼ -0.04 (-0.43%)
TOMCL 38.65 Increased By ▲ 0.44 (1.15%)
TPLP 13.90 Increased By ▲ 0.13 (0.94%)
TREET 26.80 Increased By ▲ 0.35 (1.32%)
TRG 60.77 Increased By ▲ 0.23 (0.38%)
UNITY 34.34 Increased By ▲ 0.20 (0.59%)
WTL 1.91 Increased By ▲ 0.03 (1.6%)
BR100 12,403 Increased By 104.3 (0.85%)
BR30 39,377 Increased By 500 (1.29%)
KSE100 114,915 Increased By 54.2 (0.05%)
KSE30 36,214 Increased By 18.3 (0.05%)

It is heartening to learn that the government has successfully devised a strategy to move towards sustainable economic growth. Speaking at his maiden press conference as finance minister following the exit of Dr Hafeez Sheikh, Shaukat Tarin has described revenue generation, power reforms, price stability and overall economic growth as four big challenges. It is hoped that the 12 sub-groups formed to firm-up proposals in designated areas will come up with short-, medium- and long-term plans with respective timelines for an effective way forward to lead the country towards sustainable growth.

The finance minister is said to have urged the International Monetary Fund (IMF) to ease its tough conditionalities. The finance minister’s confidence has clearly demonstrated the fact that he has already successfully persuaded the Fund to fully appreciate the enormity of challenges to the country’s economy and relax its conditions. Tarin seems to be working harder. He must take every step that can contribute towards fixing the country’s economy.

Nadir Gujjar (Lahore)

Copyright Business Recorder, 2021

Comments

Comments are closed.