The International Monetary Fund (IMF) announced on Wednesday that Pakistan’s economy had improved due to prudent monetary and fiscal policies, strong capital inflows, robust remittances from abroad and lower oil prices, The Wallstreet Journal reported.

“The authorities have made progress with consolidating macroeconomic stability, strengthening public finances and rebuilding foreign-exchange buffers,” Director of the IMF’s Middle East and Central Asia department Masood Ahmed said in a statement following a recent visit to Islamabad and Lahore.

Read the whole story here.The International Monetary Fund (IMF) announced on Wednesday that Pakistan’s economy had improved due to prudent monetary and fiscal policies, strong capital inflows, robust remittances from abroad and lower oil prices, The Wallstreet Journal reported.

“The authorities have made progress with consolidating macroeconomic stability, strengthening public finances and rebuilding foreign-exchange buffers,” Director of the IMF’s Middle East and Central Asia department Masood Ahmed said in a statement following a recent visit to Islamabad and Lahore.

Read the whole story here.