Home Pakistan Record growth witnessed in ‘PTI’s tenure, says Shaukat Tarin

Record growth witnessed in ‘PTI’s tenure, says Shaukat Tarin

4 min read

ISLAMABAD, June 11(ABC): Former finance minister Senator Shaukat Tarin said Saturday that PTI’s tenure witnessed “record growth” in several sectors and the government was misleading the people by claiming they face an uphill task on the economic front.

“All the numbers are published and public. Please take the country’s economy seriously and stop misleading the people. The numbers don’t lie despite your ‘spin doctory’,” said Senator Tarin in a press conference flanked by PTI leaders.

The former finance minister told the journalists that during PTI’s tenure, the country’s debt did not increase by 80%, it moved up by 76%. He said although the loans were substantial, the country’s economy went up by the same margin.

“When you took over the government after PPP, it was your government that increase the overall loans by 80%, have you forgotten that?” Tarin asked the PML-N — the major player in the coalition government.

The former finance minister said PTI created 5.5 million jobs during its tenure, which means that the ousted government was able to create 1.84 million jobs annually, while PML-N created 1.1 million and PPP 1.4 million.

“If you look at the data, our remittances, exports, and textile sector witnessed record growth. We did all this, but they included it in their Economic Survey,” said the senator.

The former finance minister said it is because of the PTI that the country’s gross domestic product (GDP) clocked in at 6%, but the government, in the budget for the fiscal year 2022-23, has projected it to be 5%.

Author

  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

Load More Related Articles
Load More By 
Load More In Pakistan

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Commissioning of Central Control of New Gwadar Airport completed

GWADAR, Dec 20 (INP): The final testing and commissioning of the Central Control & Co…