Foreign exchange reserves cross $20b: Dar
Finance Minister says continuity in policies imperative for economic progress.
Finance Minister Ishaq Dar says country's foreign exchange reserves have crossed twenty billion dollars due to prudent policies being pursued by the Government.
Addressing Income Tax Officers in Lahore on Wednesday, he said the Government has put economy on right track.
The Minister said continuity in policies is imperative for economic progress in the country. He said attention should be paid to increase exports to get benefits of economic development.
He said revenue collection has been increased by twenty-three percent in the first quarter of the current financial year as compared to the same period last year. He expressed the hope that tough target of 3104 billion rupees of tax collection set for this year will be achieved.
Ishaq Dar said the present Government has not only got loans but also paid the previous debts.
He said eleven billion rupees have been spent to help the earthquake affected people.