Finance Minister expresses commitment to correct fundamentals of economy

Government & Politics

Finance Minister Dr. Abdul Hafeez Shaikh has expressed the commitment to correct fundamentals of the economy to achieve sustainable and inclusive economic growth in the long run.

He was addressing a webinar titled “Making Pakistan Prosper: Strategy for Economic Growth and Development.”

The Finance Minister said the government has given unprecedented fiscal, monetary and construction stimulus to stimulate economic recovery amid COVID-19 and in post-COVID-19 scenario.

He said 1240 billion rupees have been allocated to cover emergency response, support businesses and provide relief to citizens during the crisis.

Similarly, a special package has been announced to boost the construction sector which includes tax exemptions and subsidies to reinforce economic growth.

The Minister said fifteen million families received direct cash payments under EHSAAS program.

 

Source: Radio Pakistan

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