Economic indicators now positive due to prudent decisions taken by Govt: Miftah

Finance Minister Miftah Ismail says economic indicators are now positive due to prudent decisions taken by the government.

Speaking at a ceremony of Pakistan Stock Exchange in Karachi on Friday, he said steps are being taken to control imports and increase exports to stabilize the economy.

The Finance Minister said the incumbent government paid heavy price for the wrong policies of the previous government.

He said the government had no other option but to withdraw oil and power subsidies.

The Finance Minister said new measures have been taken to broaden the tax base to stabilize the national economy.

He said the rupee is now gaining its value after positive response of IMF for revival of the loan program.

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