During the PML-N era, Pakistan moved towards prosperity, but during the PTI era, the economy was destroyed. Leader of PML-N Nawaz Sharif



Lahore (Urdu Point Newspaper Latest. 10 June 2023) Pakistan Muslim League-N leader and former Prime Minister Nawaz Sharif has said that the people are suffering the consequences of the poor policies of the PTI government. According to ARWI News, former Prime Minister Nawaz Sharif met business leader Haris Atiq in London, in the meeting, the economic situation and business conditions of Pakistan were discussed.

Speaking, Nawaz Sharif said that during the previous era of PML-N, Pakistan was moving towards prosperity. The economy was destroyed during the PTI era. The people are suffering the consequences of the poor policies of the PTI government today. Furthermore, Federal Finance Minister Senator Ishaq Dar, in response to a question in the post-budget press conference, said that Plan B is always there to stand on its own feet with regard to the IMF, Pakistan will not default, the previous government's We stand here because of atrocious mistakes.

Finance Minister Ishaq Dar said in a post-budget press conference that the proposal to increase the petroleum levy from Rs 50 is not under consideration, 9% tax was not imposed on tetrapack milk, only the proposal to impose sales tax on milk was rejected. Did not eliminate sales tax from cooking oil. The finance minister said that increasing taxes will not increase inflation, the new tax measures are only 200 billion rupees, of which 175 billion are direct taxes, the tax target of 9200 billion rupees has been calculated.

He said that the purpose of the post-budget media talk is to clear the confusion, the private sector can play an important role in development, two committees are being formed in FBR after the budget, the chairman FBR business and technical committees were announced today. The two committees will begin work on Monday to address the concerns of the business community before finalizing the budget.
Ishaq Dar said that 761 billion rupees have been set aside for pension in the budget, FBR's revenue target is 9200 billion rupees, total expenditure of the government is 14 thousand 400 billion rupees, development budget has been allocated 1150 billion rupees, IT and 33 billion rupees have been set aside for science, the development budget in the provinces has been allocated 1559 billion rupees, next year the inflation rate will be 21 percent. He said that he will try to implement the recommendations of the National Assembly and Senate Standing Committee on Finance in every possible way. The growth rate target will be achieved, the IMF believes that the growth rate can be 4%, the interest payment on the debt is the biggest burden, the debt has also doubled in the last four years and the interest rate can be 21%. went

The finance minister said that if the growth rate improves, employment opportunities will be created, Pakistan is a nuclear power, now it has to become an economic power as well, the earliest investment in agriculture is beneficial, according to me, economic stability has been achieved, now we Goes towards increasing the growth rate, has given incentives to the IT sector, will complete special economic zones for the IT sector soon, increased loans for agriculture.

Ishaq Dar further said that the agriculture sector plays an important role in the improvement of the economy. In order to overcome malnutrition, there is a need to increase production per acre. The production of neighboring countries in agriculture is double that of ours. The agricultural production in East Punjab is double that of us. Cheap loans will be provided to SMEs, people will get employment if there is development.