Monday, 04 July 2022, 11:14:54 am
Recent inflow of a huge amount in Roshan Digital Account is of course a symbol of confidence in present government’s policies

Humayun Iqbal Shami (Economist): The recent inflow of a huge amount in Roshan Digital Account is of course a symbol of confidence in present government’s policies. Furthermore, the announcement of loan facility extended by Chinese consortium of banks will enhance the credibility of government and will have an overall positive impact on economy of the country. Pakistan needs to minimize its dependence on foreign loans. In prevailing economic situation, the accord with IMF is very important to support the ailing economy and importantly to enhance credibility of country worldwide. We expect that the economy of country will improve in coming days by policies of the incumbent government.