Federa; Minister for Information and Broadcasting Marriyum Aurangzeb has said that five E-Framework will prove to be game-changer for ensuring economic development of the country, reported 24NewsHD TV channel.

In a statement issued in Islamabad on Friday, the minister said the fove E-Framework includes Exports, e-Pakistan (Water and food Security), Environment, Energy, and Equity (Turnround Pakistan).

The minister said under this Framework, new opportunities for business and earning livelihood through increasing exports will be encouraged.

She said promotion of education and health and check on growing population will also pave the way for de3veoopment of Pakistan.

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Marriyum Aurangzeb said provision of cheap and uninterrupted energy will also excel business activities and improve economy.

She said the decrease in the GDP fiscal deficit from 4.9 to 4.6 percent is the big success of the incumbent government.

Through this framework, she added, new businesses and employment opportunities will be encouraged to increase exports.

She stated that the promotion of education and health and population control will pave the way for the development of Pakistan.

Affordable and uninterrupted energy supply will give a new boost to the economy and business, she said adding environment will be improved through water reservoirs and food security.

Through e-Pakistan, youth will be given development opportunities and they will be empowered, she said.

She opined that the reduction of fiscal deficit to 4.6 percent of GDP from 4.9 percent was a major achievement which was a positive outcome of the correct economic policy of the government.

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She said that a 76 percent reduction in the current account deficit was also a sign of sound economic policy.

About 40.4 percent reduction in trade deficit showed the positive impact of economic measures.

The minister remarked that the trade deficit has been reduced to $25.8 billion from $43.4 billion, which was a sign of improvement.

She said that imports decreased by 29.2 percent, which had a positive impact on the economic situation. Import bill has fallen to 51.2 billion dollars against 72.3 billion dollars last year which was a step towards economic improvement, she added.

Compared to Rs 5,348.2 billion during the previous financial year, Rs 6,210 billion in tax revenue was collected during the current fiscal.

In the first 9 months of the current financial year, about 912,000 new taxpayers have been registered against the FBR target of 700,000 taxpayers which she said was a manifestation of an increase in the tax net.

Marriyum Aurangzeb said that with the allocation of the federal development budget worth Rs1.15 trillion, the economic activities in the country will accelerate and employment opportunities will increase.