Finance Minister Senator
Presenting a rosy picture of Pakistan’s economy, the finance minister claimed that all the economic indicators had performed more than expectations during the financial year 2013-13.
Dar, in his long speech, highlighted the government performance in different economic fronts, inter alia inflation, revenue, GDP growth, remittances, budget deficit, reserves, export import, rupee value etc. The house unusually saw maximum presence of the treasury benches as Prime Minister
Dar said Pakistan’s foreign exchange reserves had gone to around
He said the
The minister further remarked the people were speculating that
The minister claimed the government had restricted the budget deficit to around four percent of the GDP during 10 months (July-April) of financial year 2014 against 5.5 percent of the last year.
Dar said the Federal Board of Revenue (FBR)’s revenue collection had recorded growth of 15.7pc in 10 months, as it collected
About the inflation rate, the finance minister said the government had successfully restricted it to 8.6 percent during July-April 2013-2014.
The minister said home remittances had also witnessed a growth of 11.4 percent, as it had recorded
He said exports had risen to
Talking about the government’s achievement, he said international community had also recognised that the country’s growth was witnessing an upward trend while inflation was on the decline. “Due to economic progress, PM Nawaz Sharif has received greetings from the world,” he said, adding the GDP growth rate was expected to be four percent during the current financial year and it would be enhanced to five percent in the next year.
Dar further said the auction of 3G and 4G spectrum licences was carried out in a transparent manner, which would generate
He came down hard on the PTI chief for making personal attacks on him. “I will settle the score some other time,” he added.
The house also unanimously adopted a resolution, moved by PPP lawmaker
Taking the floor, Science and Technology Minister
Earlier, responding to a call-attention notice, Parliamentary Secretary for Interior and Narcotics Control Maryam Auranzeb said the interior ministry would issue red warrants for the absconders of
Taking part in debate on the law and order situation, PPP senior lawmaker
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