PM congratulates Tarin on achieving 5.73 pc GDP growth

Islamabad

ISLAMABAD: Prime Minister Imran Khan had a telephonic conversation with Finance Minister Shaukat Tarin on Saturday and inquired about his health condition. During the talk, the prime minister congratulated the finance minister and his team on achieving the Gross Domestic Product (GDP) growth of 5.37% in three years, which led to creation of substantial jobs and rise in per capita income. The prime minister highlighted that international economic organizations like Bloomberg and the Economist had recognized Pakistan’s successful economic reforms and initiatives taken during the Covid pandemic savings jobs and lives. The prime minister stressed to the finance minister to initiate steps to improve the economic well being of the urban lower and middle class population which had been affected by the imported inflation. Prime minister and finance minister had been regularly discussing the ongoing global commodity price super cycle which had adversely affected inflation and trade deficit in Pakistan. Finance minister informed prime minister that the local food prices had been declining since December as reflected in the SPI. However, he was hopeful that as soon as the international prices will drop the pressure on imported goods will come down as well. Overall, prime minister expressed satisfaction over tax collection, exports and remittances.

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