PM felicitates Finance Minister on achieving GDP of 5.37%

Prime Minister Imran Khan has congratulated Finance Minister Shaukat Tarin and his team on achieving a Gross Domestic Product of 5.37 percent in three years, which led to the creation of substantial jobs and a rise in per capita income.

During a telephonic conversation with Finance Minister Shaukat Tarin on Saturday, the Prime Minister highlighted that international economic organizations like Bloomberg and the Economist have recognized Pakistan’s successful economic reforms and initiatives taken during the Covid pandemic savings jobs and lives. 

He stressed initiating steps to alleviate the economic wellbeing of the urban lower and middle-class population which has been affected by the imported inflation.

The Finance Minister informed Prime Minister that the local food prices have been declining since December as reflected in the SPI. However, he is hopeful that as soon as the international prices come off the pressure on imported goods will come down as well.

Both have been regularly discussing the ongoing global commodity price super-cycle which has adversely affected inflation and trade deficit in Pakistan.

The Prime Minister expressed satisfaction over tax collection, exports, and remittances.

Article source: https://nation.com.pk/22-Jan-2022/pm-felicitates-finance-minister-on-achieving-gdp-of-5-37-percent