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Dar believes govt’s prudent policies have revived economy

Dubious

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Finance Minister Senator Ishaq Dar on Thursday said that prudent and timely policies of the present government have revived the sagging economy of the country and now internationally reputed monetary organisations are commending Pakistan for heading in the right direction.

Addressing as chief guest at the 12th Businessmen Excellence Award 2013-14 organised by Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPPCI) on late Wednesday night, Senator Dar said when PML-N took charge of governance in 2013, the situation was very grim as economy was in a shambles and other problems like terrorism and energy shortage seem uncontrollable. The country’s foreign exchange reserves were also at a lowest level of $2.75 billion, he added.

“In the beginning there was an impression that Pakistan’s economy will destabilize further and foreign exchange reserves will take further plunge. However, due to prudent policies and strict austerity measures adopted by present government, economy is returning to stability and foreign exchange reserves have reached to record 19 billion dollar.”

We have reduced the annual expenditure of Prime Minister House by 40 per cent and those of federal ministries by 30 per cent. Our government strictly banned import of duty free cars for VVIPs including the President, Prime Minister, Governors and Chief Ministers. Besides we also abolished all kind of discretionary funds of President and Prime Minister,” he said.

He said that the PML-N leadership has ensured good governance, transparency and solving the issues of the public as its top priorities. “The government wants to fully utilize the potential our country has in the shape of natural resources and hard working labour force.”



Dar believes govt’s prudent policies have revived economy | Pakistan Today


Is he a liar or is his degree not enough to see the shit he is talking about?

Or did he not read the newspaper: Pakistan's economy long way from recovery: Pakistan daily

Read more at: Pakistan's economy long way from recovery: Pakistan daily - Oneindia


Well it is good news if they cut down 40% and 30% for PM and federal minister...is this the reason why they are "earning" from "other projects" and aiming for those with most side cuts? Like metro leaking and its roof showing signs of "chipping"

Banning import for duty free cars for VVIP....well they already imported their quota before doing that!
 
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-terrorism still there. police still corrupt. judiciary also still corrupt.
-energy shortage still there, with no proper strategy in place, they keep doing those photo session events, but nothing real.
-large expenditure on nonsensical infeasible projects (for kickbacks).
-higher taxes to pay for projects not exactly needed, nor feasible.
 
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Lol. The only achievement for PMLN is making these Metros. Basic things like Law and Order, security are even getting worst day by day. Violence, street crime are on the peak. Not even a single citizen is secure.
This ganja Nawaz recently spent 250 Million Rupees only for foreign visits.
 
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PML-N is doing great job, PTI/Wahabbis can keep crying all they want but proof is everywhere you look.
 
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Lol. The only achievement for PMLN is making these Metros. Basic things like Law and Order, security are even getting worst day by day. Violence, street crime are on the peak. Not even a single citizen is secure.
This ganja Nawaz recently spent 250 Million Rupees only for foreign visits.

No one in an honest mind can say that security is getting worse. You must have serious vested interests to claim such lies.
 
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and btw for all pti assholes middle finger for you!
 
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It's only because of lower oil prices and zarb-e-azb. Growth rate of 4.5% shameless compared with the south asian average of 7.2%. Lower oil prices are a perfect opportunity for Pakistan to breach the 5% at least, but Nawaz had to put his relative in finance ministry.
 
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Thanks to Oil prices, or else IK is responsible, his dharna, his politics, Army, ISI, Ranger oh sorry forgot to mention TUQ ... Loony Tunes doesn't make any sense to me all time, No foreign policies and just Mango Politics.. and again Nalayaq and baysharam Tajarbakar Team..
 
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