Finance Minister Shaukat Tarin has said the government will frame programs in the next few days. It will improve the income of different segments of the society affected by the international commodity price hikes.
Addressing a news conference in Islamabad on Wednesday, he admitted that the salaried class and urban lower to middle class are suffering because of the price hike.
Shaukat Tarin said the government has also started the Ehsaas Rashan program to provide essential items such as ghee, pulses, and wheat flour at subsidized rates to twenty million households.
The Finance Minister said that Kamyab Pakistan Program has started taking off. The government has disbursed 1 billion rupees under it. He said the program is providing interest-free loans for the start of businesses as well as the construction of houses. He said these allocations will enhance significantly in the months ahead.
The Finance Minister said the economy is growing and it is expected to touch five percent by the end of the current fiscal year. He pointed out that there has been recording revenue collection whilst exports and remittances are also increasing.
Shaukat Tarin was confident that the goods exports will touch thirty-one billion dollars and those of IT 3.5 billion dollars. He said the remittances remained 15.8 billion dollars during the first six months of the current fiscal year.
Finance Minister Shaukat Tarin has said the government will frame programs in the next few days. It will improve the income of different segments of the society affected by the international commodity price hikes.
