Record increase in exports witnessed during pandemic, claims PM Imran

By: News Desk      Published: 01:03 PM, 18 Feb, 2021
Record increase in exports witnessed during pandemic, claims PM Imran

Calling overseas Pakistanis an asset, Prime Minister Imran Khan said Thursday that it had always been his endeavour to include them in national politics, reported 24NewsHD TV channel.

Addressing a function organised in Islamabad in connection with Roshan Digital Account, he said when oil prices went up in the international market, the price of every item went up.

He said that the country’s economy was linked to the rupee’s value. “We can expect an increase in investment only when rupee’s value will go up,” the prime minister commented.

He further said that fiscal deficit was the biggest issue for the Pakistan Tehreek-e-Insaf (PTI) government when it came to power in 2018.

PM Imran called for constituting a cell in the State Bank of Pakistan (SBP) to deal with economic issues.

He said despite the fact that the nation had to pass through difficult times on account of the coronavirus pandemic, still, a record increase in country’s exports was witnessed during the same period.

“Similarly, a record amount of loans totaling $20 billion was repaid only two and a half years of PTI’s stay in office,” he claimed.

Giving the reason for inflation in the country, he said when the price of each dollar would go up to Rs160, price of each and every item would soar. “Today, new textile factories are being set up,” he said, and added, “Bank accounts of 88, 000 Pakistanis were opened in 97 countries.”

He opined that the country’s economy could grow if small and medium industries were set up.

He regretted that no government in the past did anything for the betterment of the lower segment of the society.