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Pak economic position will be ‘far better’ by August: Fawad

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Information Minister Fawad Chaudhry on Friday insisted that Pakistan was heading in the “right direction” and that the country’s economy will be “far better” by August 2022.

Speaking to reporters in Lahore, Chaudhry said a phase was being commenced in Pakistan in which the social protection programmes will take effect, paving the way for improvement of the overall economic situation of the country.

He informed that the PTI-led government had to return $55 billion in its next two years in debt payment, adding that a sum of $32bn had already been paid under debts in the last three years.

“We are paying the price for the legacy left by Asif Ali Zardari and Nawaz Sharif,” the minister said, in reference to the last two governments of the PPP and PML-N. Dispelling the impression given by the opposition about the country failing at the economic front, Chaudhry said Shehbaz Sharif .

 

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