High exports, less expenditures to help balance twin deficits: Dr Hafeez Sheikh

ISLAMABAD, Jun 12 (APP):Advisor to Prime Minister on Finance and Revenue Dr Abdul hafeez Shaikh on Wednesday said the government intended to balance the twins deficits through increasing exports and controlling extra expenditures.

The government has the biggest challenges to balance the twin deficits including foreign account and trade deficit for adopting the policy of exports-led growth in the country, he said while addressing a ‘Post-Budget Press Briefing ‘along with Federal Minister for Planning and Reforms, Khusro Bukhtyar, Federal Minister for Water and Power Umer Ayub Khan, Chairman Federal Board of Revenue (FBR ) Shabbar Zaidi along with the other officials of Ministry of Finance.