Govt taking all possible measures to revive the national economy: Hammad - AsiaNet-Pakistan

Govt taking all possible measures to revive the national economy: Hammad

November 18, 2020 | | Share:

Federal Minister for Industries and Production Hammad Azhar has said the Government is taking all possible measures to revive the national economy.

Addressing the industrialists and traders community in Faisalabad he said the government has put the country on the right track and now the economy is flourishing day by day.

The Minister said the industrial sector is running at full capacity due to effective steps taken by the government so much so that the international institutions have upgraded status of the country’s economy.

He said the world economy is squeezing from 4 to 5 per cent, but Pakistan’s national economy is flourishing and majot increase has been recorded in exports.

Hammad Azhar said the government is promoting ease of doing business by giving several incentives to businesses in taxes and power supply rates.

He said that the government had paid refund claims of Rs 248 billion during previous year and Rs 148 billion during the current year.

 

Source: Radio Pakistan

Category: Business