Govt’s fundamental changes taking country to economic stability: Fawad

April 7, 2019: Minister for Information and Broadcasting Chaudhry Fawad Hussain says the fundamental changes introduced by PTI government are taking the country to economic stability.

Addressing a news conference in Islamabad on Saturday, he said Pakistan is being transformed from a security state into a state having open visa regime. A pilot project with five countries to this effect is continuing successfully.

The Minister said exports are increasing and imports are on the downward trajectory.

He said the government will soon launch assets declaration scheme providing people one-time opportunity to become tax filer.

He said two-third of the economy is undocumented.

Information Minister said a crackdown has also been launched against the people hoarding dollars, which has helped bringing value of dollar down.

He said the export sector has been provided subsidy worth forty-five billion rupees, and the government plans to bring industry-friendly budget.

Fawad Chaudhry expressed commitment that the accountability process will reach its logical conclusion, putting foundation of a prosperous country.

He said the recovery of the looted amount will help bring rates of electricity and gas down and check inflation.

PTI governments' initiatives, including financial assistance from friendly states, are gradually bringing the economy on track, he added.

27267