AGL 5.51 Increased By ▲ 0.11 (2.04%)
ANL 8.49 Decreased By ▼ -0.30 (-3.41%)
AVN 75.73 Decreased By ▼ -0.43 (-0.56%)
BOP 5.21 Increased By ▲ 0.04 (0.77%)
CNERGY 4.42 Decreased By ▼ -0.06 (-1.34%)
EFERT 81.53 Increased By ▲ 0.43 (0.53%)
EPCL 49.54 Increased By ▲ 0.54 (1.1%)
FCCL 12.68 Decreased By ▼ -0.02 (-0.16%)
FFL 5.52 Decreased By ▼ -0.07 (-1.25%)
FLYNG 6.74 Decreased By ▼ -0.24 (-3.44%)
FNEL 4.64 Increased By ▲ 0.01 (0.22%)
GGGL 8.45 Decreased By ▼ -0.14 (-1.63%)
GGL 13.85 Decreased By ▼ -0.21 (-1.49%)
HUMNL 6.03 Increased By ▲ 0.53 (9.64%)
KEL 2.56 Decreased By ▼ -0.04 (-1.54%)
LOTCHEM 27.62 Decreased By ▼ -0.09 (-0.32%)
MLCF 23.75 Increased By ▲ 0.07 (0.3%)
OGDC 71.22 Decreased By ▼ -0.23 (-0.32%)
PAEL 15.16 Decreased By ▼ -0.04 (-0.26%)
PIBTL 4.87 Decreased By ▼ -0.04 (-0.81%)
PRL 15.86 Increased By ▲ 0.06 (0.38%)
SILK 1.09 Increased By ▲ 0.04 (3.81%)
TELE 8.84 Decreased By ▼ -0.15 (-1.67%)
TPL 7.08 Decreased By ▼ -0.08 (-1.12%)
TPLP 19.20 Decreased By ▼ -0.02 (-0.1%)
TREET 20.87 Decreased By ▼ -0.27 (-1.28%)
TRG 136.73 Decreased By ▼ -0.02 (-0.01%)
UNITY 16.54 Decreased By ▼ -0.26 (-1.55%)
WAVES 9.16 Increased By ▲ 0.06 (0.66%)
WTL 1.34 Decreased By ▼ -0.03 (-2.19%)
BR100 4,158 Decreased By -27.7 (-0.66%)
BR30 15,339 Decreased By -127.2 (-0.82%)
KSE100 41,652 Decreased By -167.7 (-0.4%)
KSE30 15,380 Decreased By -68.1 (-0.44%)
Pakistan

First time in history, country collects Rs 4.143trn revenue: Fawad

  • The minister added that at present Pakistani market was one of the best performing markets in the world.
Published May 30, 2021
Follow us

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Sunday said first time in the history of the country, a record Rs 4.143 trillion revenue had been collected during the current fiscal year so far.

The landmark achievement was made due to prudent economic policies of Pakistan Tehreek-e-Insaf (PTI) government led by Prime Minister Imran Khan.

In a series of tweets, Chaudhry Fawad said positive results of the economic policies of the incumbent government had started yielding results.

He said in this scenario, it’s a mind-boggling question that why the opposition was calling for protest demonstrations at a time when the economy was booming and the living conditions of common man were improving. “Who will be benefited from such negative politics”, he questioned.

The minister said, Pakistan People’s Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) whenever came into power, had ruined the economy, resultantly the country endured an economic downturn.

Fawad said expatriate Pakistanis have contributed immensely to economic revival by sending over Rs 1,000 billion to the country.

Likewise, he said, record production of wheat, rice, sugarcane, and maize have been recorded while Rs 1,100 billion had been transferred to the agriculture economy.

The transfer of money, he said, had increased purchasing power of the farmers' community. Consequently, the sale of tractors had also increased by 64 percent. The use of fertilizer and pesticides also registered a significant increase, he said.

The minister added that at present Pakistani market was one of the best performing markets in the world.

Similarly, on May 27, the stock market had also set a new record touching the significant level of selling 2.21 billion shares.

Comments

Comments are closed.

First time in history, country collects Rs 4.143trn revenue: Fawad

SBP-held foreign exchange reserves fall $784mn, now stand precariously at $6.71bn

IATA says Pakistan has blocked $225mn in airline funds from repatriation

Daily Mail apologises to PM Shehbaz over 'corruption allegations'

Saudi Arabia signs Huawei deal, deepening China ties on Xi visit

Rupee continues to depreciate, settles at 224.37 against US dollar

Roshan Digital Account: monthly inflow lowest since Dec 2020, clocks in at $141mn in Nov

Saif-ur-Rehman appointed Karachi administrator

IHC bars FIA from arresting Suleman Shehbaz upon return from UK

Pakistan seeking $4.2bn from Saudi Arabia: reports

Another audio, purportedly of Bushra Bibi discussing ‘sale of watches’, surfaces