Pak­istan ex­pe­ri­enc­ing var­i­ous econ­omy is­sues

The Pak Banker - - 2 National -

HYDERABAD: Ad­viser to Sindh Chief Min­is­ter on In­for­ma­tion Sharmila Fa­rooqui has said that the coun­try is ex­pe­ri­enc­ing var­i­ous econ­omy is­sues due to in­fla­tion, deficit bud­get and huge dev­as­ta­tion caused by cur­rent flash flood.

She said that bring­ing Re­form Gen­eral Sales Tax (RGST) and ex­pan­sion in tax net is the only so­lu­tion to bring out the coun­try from eco­nomic crises and move it to the right track of devel­op­ment.

The Ad­vi­sor said this while ad­dress­ing a gath­er­ing and later talk­ing to a group of news­men of Thatta Press Club at Vil­lage Lakha Dino Jat near Jati, District Thatta the other day where she ar­rived to dis­trib­ute 4000 blan­kets among the flood af­fected peo­ple. About price hike, Sharmila Fa­rooqui said, "we re­al­ize that prices of kitchen items have been in­creased but when we talk about the im­po­si­tion of RGST, ex­pan­sion of tax net and do the doc­u­men­ta­tion of Pak­istan econ­omy, the op­po­nents are mak­ing up­roar and cre­at­ing hur­dles only to serve their po­lit­i­cal mo­tives". She said it is not easy for any demo­cratic po­lit­i­cal party to take un­pop­u­lar de­ci­sions but for the eco­nomic vi­a­bil­ity and sta­bil­ity of the coun­try, the present PPP govern­ment is in­tend­ing to bring eco­nomic re­forms in the coun­try. About rehabilitation works, Sharmila Fa­rooqui said that it is merely a per­cep­tion that noth­ing is be­ing done for the rehabilitation of flood vic­tims. She said that rehabilitation works have been started on the ground adding that dis­tri­bu­tion of seed and fer­til­izer with free of cost has been started and more than Rs.10 bil­lion have been dis­bursed among the flood af­fected till yet. -App

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