Former President of the ICCI, Dr. ShahidRasheed Butt has said that the country was steadily heading towards political stability. In a statement issued on Sunday, he said that for last few months, value of Pakistani rupee has been stable, exports were increasing, and inflation was declining, which was encouraging.
ShahidRasheed Butt demanded that the incoming government should immediately sign a five-year deal with the International Monetary Fund (IMF) to improve the overall economic situation. The general situation was improving, which has given some hope to the masses and the business community, he added. The business leader said that the new government should ensure the success of the IMF’s review, after which it must sign a five-year agreement with the IMF to improve the situation.—INP
