New Pakistan finance minister considers stimulus package to help economy

The stimulus options include incentives in collaboration with the central bank or packages targeted at the poor, said one of the people

Pakistan’s finance ministry is considering a stimulus package to support the economy, according to people familiar with the matter.
 

Newly-appointed finance minister Shaukat Tarin is leading the initiative, which can be monetary, fiscal or both, said the people, asking not to be identified as the discussions are private. The talks are initial and nothing has been decided, the people said. No formal proposal exists, Tarin said in response to questions.

The South Asian nation is expected to expand 3.9% in the year ending June from a rare contraction in the previous period. Still, the government is wary of a fresh