INP
\nISLAMABAD
\nPakistan Tehreek-e-Insaf (PTI) leader Asad Umar on Wednesday sternly responded to Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto on the changing of finance minister recalled that four finance ministers were changed in PPP\u2019s tenure, if this was the criteria to judge government\u2019s performance, what PPP chairman will say about this fact?
\nSpeaking in the National Assembly, the former finance minister said that Bilawal had said that Pakistan is facing loss with respect to its economy, seems the PPP leader is unaware that overall growth rate remained at 2.8 per cent in their tenure of government, adding that it was recorded at 0.4 per cent in the first year of PPP government rule.
\nThe PTI leader admitted that inflation has increased in the tenure of the incumbent government, but the same was recorded at 12.8 per cent in PPP\u2019s tenure and budget deficit remained between 7 to 8.8 per cent. The country should overcome price hike to eliminate poverty, he demanded.
\nAsad Umar said that in PPP tenure, the average loss of budget was 7 percent while 135 percent increase was also witnessed in the loans. Bilawal Bhutto had termed PTI government as ineligible and failed one but PPP itself had looted national treasure, he added.
\nPTI leader said that 8 percent reduction was observed in Federal Board of Revenue (FBR) targets in PPP government while they also changed four finance ministers.
\nDifficult decision will have to take to survive in this era of challenges, he suggested.
\nUmar admitted that Pakistan\u2019s growth rate is not at the level, what was predicted and termed heavy payments of loan as main cause of the low growth rate.
\n\u201cHeavy payments of loan soon after becoming in power forced government to take some hard decisions\u201d, he said.
\n\u201cNow when money is being recovered from Faloda Wala, Swiss and other fake accounts, such things will happen, we can understand\u201d, he contented.
\nHe said people of Pakistan are aware about the facts and added that steps are being taken for the uplift of country\u2019s economy. \u201cInshallah Pakistan will make progress\u201d, he continued.<\/p>\n","protected":false},"excerpt":{"rendered":"
INP ISLAMABAD Pakistan Tehreek-e-Insaf (PTI) leader Asad Umar on Wednesday sternly responded to Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto on the changing of finance minister recalled that four finance ministers were changed in PPP\u2019s tenure, if this was the criteria to judge government\u2019s performance, what PPP chairman will say about this fact? Speaking in […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-61050","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"yoast_head":"\n