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Minister predicts reduced inflation and improved economy in 2020

15 January, 2020 08:31

Minister predicts reduced inflation and improved economy in 2020. Federal Minister for Planning Development and Special Initiatives Asad Umar said,  while talking to a private news channel. 

Minister predicts reduced inflation

He said that the national economy would improve and inflation would also be reduced during this year.

He further said the government is taking steps to reduce percentage on interest rate.

Moreover, he predicted enhanced investment through cooperation between public and private sectors.
The minister said the federal government would start mega projects in Karachi with help of private sector.
He said the government with the help of political parties would provide the facilities to people of Karachi without any discrimination.
Asad Umar assured that the federal government is ready to provide full support to Sindh government for developmental projects in the province.

Government claims investment increase

Federal Minister for Economic Affairs Hammad Azhar had said that investment in the country has increased by seventy-eight percent because of the prudent policies of the government.

He said this while addressing a function in Lahore on Sunday.

Although PTI government has been making claims of improvement, yet common man feel vice versa.
During the tenure of PTI government, ordinary people complain more economic hardships.
Particularly, general public complain about rising cost of living due to unprecedented devaluation of Pak rupee.
Furthermore, they complain price hike of almost all essential commodities besides soaring utility bills.

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