A brief on the projects and initiatives of PTI Government under the leadership of Prime Minister Imran Khan.
- The govt inherited the current account deficit of $20 billion which has been reduced to $3 billion. The borrowing from the State Bank stood at PKR 6 trillion when PTI came to power, but it has been brought down to ZERO.
- Tax collection went up by 17% & non-tax revenue by 33% YoY before #COVID__19. FDI rose to $2.4 billion from $1 billion.
- IT exports grew by 26%
- FBR achieving its target and all inquiry commission reports made public are developments that tip the scale in the positives.
- PKR 50 billion has been kept for subsidy for agriculture.
- Our remittances (by 3%) & exports are growing (highest on a monthly basis in the last 10 yrs) with DG Khan Cement securing export orders from the Philippines.
- Pakistan has returned PKR 5,000 billion of its past debt.
- To revive the industry, PM ImranKhan is focusing on the expansion of the industrial sector. For this, duty on thousands of raw materials has been abolished. He announced a big incentive package that includes a subsidy of PKR 30 billion for the Naya Pakistan Housing Project. This will enable people to build their dream homes at an affordable cost. PM
Imran Khan has assured that the govt has not cut the Annual Development Program but reduced its non-development expenditure. Which again, comes off as a decision of an empathetic leader.
