Steps underway to reduce inflation: Shehbaz

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said the government was taking steps to reduce inflation and create employment opportunities for the youth.

He stated this while chairing a meeting of the cabinet today. 

He expressed satisfaction over the gradual decrease in inflation. He said steps are afoot to reduce inflation and alleviate unemployment and poverty.

He was also confident that the IMF will release the last tranche of 1.1 billion dollars under the standby agreement this month after the approval of its board. 

Shehbaz Sharif said this new IMF program was important for Pakistan saying it will give stability to economy and confidence to other international lenders.