Spokesman of ministry of finance, Khaqan Najeeb said that the new economic reform package to be presented by the government in National Assembly on January 23 would provide maximum relief to poor segment of the society, besides boosting investment and business process in the country.
The further said the government had included suggestions in the package came from Stock Exchange, Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and other private business entities. The spokesman said the government was taking concrete steps to strengthen the economy adding that Balance of Payment was also improving.
Due to right policies of the government, he said the country’s macroeconomic indicators had shown better performance during last six months, “Private sector borrowing reached Rs.496 billion in first six months of FY19 compared to Rs 232 billion of same period last year showing a more than double growth” he added. The Spokesman said that during first three months of current Fiscal Year, agriculture sector borrowing also increased by 36 percent to Rs 212 billion compared to same period last year.
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17 November, 2019