Fawad and Tarin’s claim all is well fails to provide relief to masses

Their positive data narrative has not brought inflation down.

People of Pakistan are suffering from high inflation and hike in petroleum prices but the government ministers especially Shaukat Tarin and Fawad Chaudhry are busy in proving that everything is fine.

Information Minister Fawad Chaudhry has said that Pakistan is in much better position today as compared to others countries in the world due to its remarkable strategy against Covid.

He took to Twitter and said: “The entire world had appreciated our anti-Covid strategy.”

 

It’s a job of political rivals to spread disappointment and lie in this situation the Pakistan Tehreek Insaf workers should play their role in unfolding facts. Pakistan is not situated on another planet, he said.

 

The information minister further said:” In fact, Pakistan’s industry has recovered today. The construction sector is fully active. Our information technology exports have increased three times. Income of labourers, farmers and industry has also increased.”

Fawad hoped that prices in the international market would become normal within six to eight months.

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As the country is facing severe economic issues, the prime minister’s adviser on finance, Shaukat Tarin, is also busy in telling people that economy is growing fast.

He said that numbers never lie, our progress by all accounts is on rise i.e agriculture, manufacturing, exports and tax collection.

Tarin claimed that the country now has surplus sugar. We are producing huge surplus in rice, maize and cotton, he added.

Muzzammil Aslam, the spokesperson Finance Minister also tried to portray a positive picture of the economy.

He shared a ‘good news’ regarding reduction in sugar price on twitter.

He wrote on the social media site that ex-mill sugar price in Karachi wholesale market has reduced to 121 per kg from 142 per kg.

He added that Mithari & Kiran sugar mill will start operation from 10th. If rest of Sindh starts the prices will come down to 100/kg, he claimed.

A couple days back, Tarin said that a higher growth rate will leave negative effects on the country’s economy.

Adviser to Prime Minister on Finance Shaukat Tarin revealed these facts while addressing the CFA Society dinner.

“Me and the IMF want to keep our GDP growth rate between 5 per cent and 5.5 during the fiscal year 2021-22. I will not like to see 6 per cent growth this year,” he told the participants of the gathering.

He said that the country’s growth is not slowing down.

The finance adviser said that the agricultural sector is doing well. Cotton production is likely to be around 9.5 million bales this year.

 

 

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