ISLAMABAD, Pakistan: The Minister for Planning and Development Ahsan Iqbal has expressed confidence that the economy will stabilize in the next few months.
Talking to the media persons in Islamabad on Tuesday, the minister said that the present government has taken difficult decisions to save the economy.
Ahsan Iqbal said that the government is giving special emphasis to the agriculture sector and has given incentives to the farmers to bolster the production of wheat, sugar and cotton.
The minister said that enhancing the production of palm oil will also help the country save foreign exchange currently being spent on its import.
The minister for planning said that the traders’ community has also been asked to close markets by 8.30 pm to conserve the energy which, he added, will help us cut import bill of petroleum products.
Ahsan Iqbal said that the government is also focusing on the development projects. He said that the highest ever allocation of US$ 55 billion has been made in the PSDP for the development of tribal districts.