Finance Minister Ishaq Dar states Pakistan’s foreign exchange reserves have gone beyond twenty billion dollars as sensible policies have being followed by Government.
While addressing Income Tax Officers in Lahore on Wednesday, the finance minister said the government has been given credit of putting economy on right track.
Ishaq said continuity in policy making is vital for economic development in the country. He was of the view that focus should be given to increasing exports to achieve fruits of economic development.
The minister informed the participants that revenue collection has been mounted by twenty-three percent during the first quarter of the current financial year as compared to the same period last year. He said expectation that harder target of 3104 billion rupees of tax collection is set for the current year to be accomplished.
The Finance Minister said the incumbent government has not only acquired loan but also paid the previous debts. He informed that eleven billion rupees have been disbursed to accommodate the earthquake victims.