Govt. takes economy toward stability: Bilal Kayani

ISLAMABAD, Nov 16 (APP): Minister of State for Finance and Railways Bilal Azhar Kayani on Sunday said the government has successfully stabilized the national economy.
Speaking to a private news channel, he said the positive impact of economic reforms has now begun reaching the public.
Kayani said the government had steered the country away from the brink of bankruptcy and placed it on a trajectory of economic takeoff.
He added that long-term sustainability remained the government’s primary focus. He noted that stronger enforcement and reforms implemented last year helped widen the tax net and increase revenues, a development also acknowledged by the IMF. The next phase of reforms, he said, would target high-income groups that remain outside the tax system.
The minister underlined that export growth was essential for economic revival.
He said the National Export Development Board, chaired by the Prime Minister, is reviewing key obstacles affecting export competitiveness.
He added that the government was working to reduce energy costs and improve the business environment to support exporters.
Kayani also praised Punjab Chief Minister Maryam Nawaz Sharif for her initiatives aimed at uplifting underprivileged communities and promoting people-centered governance.
He said Punjab is witnessing notable progress under her leadership.