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While presenting the federal budget for FY2018-19, the newly-appointed finance minister stated, inter alia, that "Pakistan has made great strides in improving its economic outcomes and reducing its macroeconomic vulnerability in the recent years. As a result, economic growth has continued to gain traction, albeit at varying speeds, across the sectors, founded on the government's commitment to higher growth and low inflation. GDP continued to grow above 5 percent in each of the last 2 years reaching 5.79 percent highest in 13 years in the outgoing fiscal year FY2018 and 4 percent in each of the three preceding years. This achievement is remarkable as it has been accomplished in the face of global head winds."
But he never told the nation about the number of new jobs the incumbent government has created in its current five-year tenure; nor did he speak about his government's strategy towards dealing with declining workers' remittances and the burden the laid-off overseas Pakistanis will be causing on the country's job market upon their return. Finance Minister Miftah Ismail ought to have told the truth, the whole truth and nothing but the truth.

Copyright Business Recorder, 2018

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