Rana Ihsaan Afzal (Coordinator to PM): The target of 15 billion dollars of IT exports is just for five years whereas the potential of this sector is much more. The government with the consensus of stakeholders of IT sector has devised a comprehensive policy to boost IT exports. The taxation system in this sector is being simplified, while the retention issues and problems related to the inflows and outflows have been resolved. The distribution of laptops among the youth is part of government's efforts to prioritize this vital sector. Pakistan already has foreign reserves of 4.5 billion dollars. The 1.2 billion dollars from the IMF, the rollover of two billion dollars from Saudi Arabia and one billion dollars from UAE has resulted into 8.7 billion dollars. The 4.5 billion dollars held by commercial banks take the figure to 12 billion dollars. Tranches from some institutions and friendly countries are still expected.

Dr. Talat Anwar (Economist): It is the fruit of the IMF bailout package that the donor countries have started sending money to Pakistan and as a result there has been an improvement in foreign exchange reserves of the country. The devaluation of rupee might be due to the uncertainty and political instability in the country. Our foreign reserves are not adequate to finance the current account deficit. At the one end, the IMF allows the donors to send money to Pakistan while on the other hand it puts restrictions on relaxation to the imports. The demand for imports is high and hundreds of containers are stuck on the ports. The state bank does not have sufficient dollars to open the LCs. The mixed trend of the economic activities and rupee devaluation may continue till the next couple of weeks. The rupee will become stable in the coming weeks and gain more value.  

Dr. Mirza Ishtiaq Baig (Economist): It is good news that the IMF bailout package has been finalized. Now, the Pakistani currency will also be stabilized. The stock exchange is showing a positive trend and our foreign reserves have also surged. Special credit goes to China, Saudi Arabia and UAE that contributed funds in stabilizing our economy. The Prime Minister in his meeting with the IMF Chief Executive in France convinced the Fund to support Pakistan in this critical time. The inflation is on the rising trend across the globe. Information technology is the sector that can contribute to increasing our exports to a great extent. The government is taking practical measures to bring the economy on the right track. The Prime Minister is taking personal interest in this regard and we have also invited him to attend a seminar with the title "Pakistan is not for Default" where he will also meet with the business community. Political stability is vital for economic development and all the stakeholders must chalk out the way to bring the country out of the difficulty.