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Finance Minister Signals Property Sector Relief as IMF Talks Continue

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Finance Minister Signals Property Sector Relief as IMF Talks Continue

Finance Minister Muhammad Aurangzeb said the government will announce property sector relief soon. He shared this update during a talk in the provincial capital. The statement came at the Pakistan Economic Development and Stability Program.
He stressed that the IMF does not approach Pakistan first. Instead, the country reaches out when it needs support. However, he said confidence in the economy is improving.

Economy Shows Signs of Stability

According to the minister, foreign exchange reserves are rising steadily. As a result, economic stability is gaining ground. He also said global institutions are showing renewed trust in Pakistan. In addition, the government is taking steps to support industries. Officials are expanding the tax net to increase revenue. Moreover, digital reforms aim to improve transparency.

Tough Decisions for Long Term Gains

Aurangzeb noted that the government took difficult but necessary steps. These decisions, he said, will help maintain fiscal discipline. Therefore, the economy can move toward steady growth. He added that the government will address industrial concerns. For example, cement exports increased last year. This trend shows that some sectors are already improving.

Policy Rate and Future Plans

The finance minister said authorities aim to bring the policy rate into single digits. Lower rates could support business activity and investment. As a result, industries may expand operations. He repeated that work on property sector relief is underway. According to him, the government will share positive news soon. The move could boost confidence among investors and developers. Overall, the minister sounded optimistic about the economy. He said reforms, discipline, and digital tools will drive future growth. However, he also noted that continued effort remains essential.

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