Prime Minister Imran Khan says the unprecedented rise in commodity prices internationally have affected most of the countries, Pakistan, however, has fared relatively much better in this situation/
Covid-19 lockdowns have adversely affected the commodity prices in most of the countries in the world, he said in a tweet on sunday/
Prime Minister also shared a video link showing an analyst drawing the conclusion from data that Pakistan’s economy is developing and the country is preforming and progressing well in current scenario as compared with the other regional countries.
The Prime Minister also attached a video clip of Finance Ministry’s spokesperson Muzammil Aslam’s comments on country’s economy.
Quoting statistics of Food and Agriculture, Muzammil Aslam said prices of edible items increased by 3.9% from September to October this year, world serial index grew by 3.2%, and dairy products by 2.6% during the same period, while edible oil prices surged by 9.6% last month.
Dilating upon positive economic indicators, Muzammil Aslam said Pakistan’s exports increased by 17.5% last month, while they rose by 25% in last 4 months. He expressed the hoped that the export target of $30 billion will be achieved this year. He said textile exports have touched the mark of $6 billions in last quarter. He said tax collection grew by 37%, cotton production increased by 81%, while non-oil imports decreased by 12.5%.
Muzammil Aslam expressed the confidence that the economy will further improve in coming days.