Monday, September 26, 2022

Can’t describe disaster if doesn’t make tough decisions on economy: Azhar

Can’t describe disaster if doesn’t make tough decisions on economy: Azhar
ISLAMABAD (92 News) – Federal Minister Hammad Azhar has said that the disaster could not be described, if the government did not make tough decisions on the economy. Speaking to the journalists in Lahore on Sunday, Hammad Azhar said that the petroleum price was decreased by five rupees per litre and soon the prices of other products related to industry would witness a decline. Lashing out at the opposition, Hammad Azhar mentioned that the previous governments only spent development funds on the areas of rich people. “Billions of rupees were diverted towards projects in developed areas for facilitating the privileged class,” he said. The minister said that the incumbent government-led by PTI faced severe economic issues when it came to power and had to take strict decisions despite their reluctance. “If we have had not taken those decisions then the situation could be more than worst,” he said and added that they have brought the economy out of the intensive care unit and soon it would witness growth.
PTI able to implement on 14 points from 28-point on FATF
Referring Pakistan’s on the Financial Action Task Force (FATF) grey list, the minister said that Pakistan was placed on the list in February 2018 and since after coming into power they were able to implement on the 14 points of the 28-point implementation plan from the anti-money laundering body. He said that currently, the State Bank of Pakistan is independent in its working in contrast to the past and the decision has yielded positive results for them.
PM plays role for signing peace deal b/w US-Taliban
The minister also gave credit to Prime Minister Imran Khan for successful signing of deal between the US and Taliban, saying that it was the victory of the 10-year old narrative of the premier. He further negated the impression of government influencing the NAB authorities and said that it is an independent institution and takes decisions on its own.