Institutional reforms necessary to address the challenges being faced by country: Dr. Shamshad Akhtar

ISLAMABAD, Nov 25 (SABAH): Caretaker Minister of Finance and Revenue Dr. Shamshad Akhtar said that the government is taking all-out measures to reduce debt stress and circular debt and enhance the economic growth rate of Pakistan.

In an interview with a private TV channel, Dr. Shamshad Akhtar said that there is a need to reduce borrowing and enhance efficiency in public sector departments.

She said that institutional reforms are necessary to address the challenges being faced by the country.

To a question about privatization, she said that a comprehensive strategy is being made to privatize non-profit entities and a scheme is being prepared to launch Sukuk Bond through the Stock Exchange.

To a question regarding China Pakistan Economic Corridor (CPEC), she said Pakistan can connect with the Global World through Belt and Road initiative.