Minister of State for Finance Bilal Azhar Kayani says Pakistan foreign exchange reserves have exceeded twenty billion dollars.The Minister of State said the government is focusing on the digitization of the economy. He also mentioned the ongoing reforms in FBR to enhance revenue collection.

Addressing an event in Islamabad today (Thursday), he said the State Bank of Pakistan currently holds foreign exchange reserves of 15 billion dollars while commercial banks hold 5.5 billion dollars.

The Minister of State said Pakistan has made good progress toward the macroeconomic stability. He said inflation and policy rate have come down. He said our objective is now to take the country towards sustainable and inclusive economic growth. He said steps are being taken including tariff reforms to bolster exports.

The Minister of State said the government is focusing on the digitization of the economy. He also mentioned the ongoing reforms in FBR to enhance revenue collection.