When the government came, there was no crown of flowers, they have brought as much improvement as they could in six months. The foreign exchange reserve of 9 billion dollars will go up to 18 billion, then the situation will improve. It has happened, money has started coming in, Adiala Jail has broken the IMF agreement and pushed the country into default.
Member of the National Assembly, PML-N, Bilal Azhar Kiyani said that thanks to Allah, inflation has come to single digit today, inflation has reduced considerably compared to earlier. what was Conditions are still bad today of course but have improved in 6 months.
If the IMF agreement is not implemented, the country may default, Maryam Nawaz
He said that when the government came, there was no crown of flowers, we started the journey of traditional service by challenging and we have brought as much improvement as we could in six months.
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The League leader said that the dollar and currency are stable, due to which the economy has improved and the public problems have been reduced due to the reduction in inflation. The price of petrol was Rs 280 and now it is Rs 269. The situation is difficult, but the prices of bread have decreased in Punjab.
The federation has nothing to do with relief in Punjab bills, other provinces should do the same, Prime Minister
Bilal Azhar said that Fitch has announced a one percent improvement in Pakistan‘s rating, the State Bank’s policy rate has come down from 22 percent to nineteen and a half percent, 50 billion rupees has been subsidized by the federal government in the form of zero to 200 unit bills, 201 in Punjab. – Up to 500 units, relief of Rs 14 per unit has been given for August, September.
He further said that the government returned 132 billion rupees to the exporters despite the IMF, and now the IMF program staff level agreement has been signed from which the money has started coming in. was being pushed towards, but PML-N fulfilled the IMF agreement, we will take the country’s exports to one thousand billion rupees.
#Conditions #bad #today #improved #months #Bilal #Azhar #Kayani #Pakistan
2024-09-09 22:37:35
**Pakistan’s Economic Revival: A Tale of Improvement in Six Months**
Table of Contents
Pakistan’s Economic Revival: A Tale of Improvement in Six Months
In a recent statement, Bilal Azhar Kiyani, a member of the National Assembly and Assistant Secretary General of the Pakistan Muslim League-Nawaz (PML-N), highlighted the significant improvements made by the government in the past six months. Despite inheriting a challenging economic situation, the government has made notable progress in stabilizing the economy and reducing inflation.
From 9 Billion to 18 Billion: Foreign Exchange Reserves on the Rise
According to Bilal Azhar Kiyani, the foreign exchange reserves, which stood at 9 billion dollars when the government took office, are expected to rise to 18 billion dollars. This significant increase will undoubtedly improve the country’s economic situation, making it more stable and resilient. [[1]]
Inflation Under Control
One of the most notable achievements of the government is bringing inflation under control. As Bilal Azhar Kiyani mentioned, inflation has reduced considerably and is now in single digits. This reduction in inflation has led to a decrease in public problems, making life easier for the common man. [[2]]
Economic Stability and Growth
The dollar and currency are stable, which has improved the economy and reduced public problems. The price of petrol, for instance, has decreased from Rs 280 to Rs 269. Additionally, the prices of bread have decreased in Punjab, making essential commodities more affordable for the people.
Fitch Ratings and State Bank’s Policy Rate
The government’s efforts have been recognized by international rating agencies, with Fitch announcing a one percent improvement in Pakistan’s rating. Moreover, the State Bank’s policy rate has come down from 22 percent to 19.5 percent, indicating a positive trend in the country’s economy. [[3]]
Challenges Ahead
While the government has made significant progress, Bilal Azhar Kiyani acknowledged that the situation is still difficult. However, he emphasized that the government has brought about as much improvement as possible in six months, and things are expected to improve further.
IMF Agreement and Default
Maryam Nawaz, another PML-N leader, warned that if the IMF agreement is not implemented, the country may default. This underlines the importance of working together to ensure the country’s economic stability and growth.
the Pakistani government, led by the PML-N, has made notable progress in stabilizing the economy, reducing inflation, and improving the foreign exchange reserves. While challenges remain, the government’s efforts have been recognized by international agencies, and the country is on the path to growth and development.
References:
[1] <a href="https://en.wikipedia.org/wiki/BilalAzharKayani”>https://en.wikipedia.org/wiki/BilalAzharKayani
[2] https://twitter.com/bilalakayani?lang=en
[3] https://www.youtube.com/watch?v=uHpC7iWEvGg
Pakistan’s Economic Revival: A Tale of Improvement in Six Months
In a recent statement, Bilal Azhar Kiyani, a member of the National Assembly and Assistant Secretary General of the Pakistan Muslim League-Nawaz (PML-N), highlighted the significant improvements made by the government in the past six months. Despite inheriting a challenging economic situation, the government has made notable progress in stabilizing the economy and reducing inflation.
From 9 Billion to 18 Billion: Foreign Exchange Reserves on the Rise
According to Bilal Azhar Kiyani, the foreign exchange reserves, which stood at 9 billion dollars when the government took office, are expected to rise to 18 billion dollars. This significant increase will undoubtedly improve the country’s economic situation, making it more stable and resilient. [[1]]
Inflation Under Control
One of the most notable achievements of the government is bringing inflation under control. As Bilal Azhar Kiyani mentioned, inflation has reduced considerably and is now in single digits. This reduction in inflation has led to a decrease in public problems, making life easier for the common man. [[2]]
Economic Stability and Growth
The dollar and currency are stable, which has improved the economy and reduced public problems. The price of petrol, for instance, has decreased from Rs 280 to Rs 269
