Islamabad: Finance Minister Muhammad Aurangzeb announced today that the government will fully support the private sector’s efforts in housing development. Speaking at a conference in Islamabad, he highlighted the country’s recent economic progress, including currency stability and increased foreign exchange reserves.

According to Ministry of Information and Broadcasting, Minister Aurangzeb noted that the foreign exchange reserves are currently sufficient to cover two and a half months of imports, and inflation has decreased to 4.9 percent. He emphasized the importance of the housing sector as a key component of economic inclusiveness and called for the simplification of procedures related to house financing.

The Minister underscored the government’s commitment to fostering private sector involvement in housing development, acknowledging its potential to significantly contribute to the economy. The statements reflect a broader strategy aimed at ensuring economic stability and growth by bolstering key sectors.

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