Saturday, November 14, 2020

Corona outbreak, federal government's decision not to shut down economic activities Business will not be shut down due to Corona, prices of food items, sugar and wheat have started falling, inflation is seasonal, it will end soon. Press Conference of Federal Minister Hamad Azhar NOV, 2020

 

Corona outbreak, federal government's decision not to shut down economic
Corona outbreak, federal government's decision not to shut down economic 

Islamabad newspaper latest. On November 14, 2020, the federal government has decided to resume economic activities due to the Corona epidemic. Federal Minister Hamad Azhar said that due to the Corona, business will not be shut down, food, sugar and wheat prices will fall. Inflation is seasonal, it will end soon. He said in a press conference that inflation is related to monetary policy, food inflation is seasonal.

Prices of food items, sugar and wheat have started falling. He said that the government has increased tax revenue to a record level. Corona has decided to continue economic activities due to the outbreak. Federal Minister Hamad Azhar said that business would not be shut down due to Corona, adding that SOPs would be implemented in economic activities.

 Similarly, Federal Minister for Information Shibli Faraz said after the Corona epidemic, everyone is mentioning that our economic indicators are improving, industries are booming, our currency is getting stronger. I cannot officially confirm but I can assure you that the prices of petroleum products are going down, similarly the strengthening of the currency will bring down the prices of imported goods, the balance of income and expenditure has become positive.

We have reduced the current deficit to positive in two years. Inflation is a temporary thing, we will control it soon. Shibli Faraz said that help is being sought now that the democratically elected government wants to send home, shame on PML-N. He said that they want to overthrow the government in an undemocratic way. He said that our leader started his struggle from scratch, struggled for 22 years, today he is the most popular leader.

Pakistan's future is linked to Imran Khan. Shibli Faraz said that after the Corona epidemic, everyone is mentioning that our economic indicators are improving, industries are booming, our currency is getting stronger. I cannot confirm officially but I can assure you that the price of petroleum products is going to go down. Similarly, the strengthening of the currency will bring down the prices of imported goods. The balance of income and expenditure has become positive. I have reduced it to positive, inflation is a temporary thing, we will overcome it soon.


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