Prime Minister Shehbaz Sharif has felicitated the entire nation on the weekly inflation rate dropping further to 3.57 percent.
In a statement Saturday, the Prime Minister said the inflation rate has fallen to its lowest level in the past six years due to the efforts of economic team. He pointed out that since 4th October 2018, the price index was recorded at the lowest level today.
“With the grace of Allah Almighty and the efforts of the economic team, the inflation had dropped to its lowest level in the last six years,” the PM Office Media Wing quoted Shehbaz as saying.
Shehbaz Sharif said he stands committed to his promise of working tirelessly to address the problems of the masses.
The Prime Minister said steps are being taken for employment generation, industrial development and promotion of foreign investment in the country.
“Compared to the same corresponding period in last year, inflation had decreased by a significant 39.11% this week, which was a result of the hard work of the economic team, “ he remarked.
Shehbaz Sharif said the country is rapidly moving towards development after economic stability. He said that increase in remittances and investment from friendly countries as well as stable diplomatic relations are a reflection of Pakistan’s development journey.
He said their political sacrifices for Pakistan’s development and prosperity have not been in vain. He said all stakeholders are playing their role in the development journey.
“I had vowed to work day and night to alleviate the hardships of the people. As the servant of Pakistan, I remain steadfast to all the promises I have made,” he further maintained.—NNI
