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Thursday, July 18, 2024

Upcoming budget to create jobs, wealth: Omar Ayub

"The government was making sincere efforts to reduce inflation,” Omar Ayub talked about the new budget.

Federal Minister for Economic Affairs Omar Ayub Khan on Thursday, giving updates on Budget, said that the up-coming budget would be growth-oriented, people-friendly and create more jobs.

Talking to a private news channel, he said the government was well aware about inflation in the country. “Govt. was making sincere efforts to reduce inflation.” he said.

He said coronavirus pandemic had badly fluctuated the big world economic powers that’s why the inflation had become a worldwide phenomenon.

Read more: PM promises to bring prosperity through upcoming budget

He said the Pakistan Muslim League-Nawaz was responsible for provision of expensive electricity and gas in the country because it had made wrong agreements during its previous government.

Omar Ayub Khan said the PML-N had ignored renewable energy and left huge burden of current account deficit for the newly elected government, adding that the Pakistan Tehreek-e-Insaf led government had paid proper attention and promoted renewable energy in the country as it had converted current account deficit into surplus by adopting prudent policies.

Dollar price had artificially controlled during the last government of PML-N but the incumbent government had strengthened the price of Pakistani rupee, he added.

Replying to a question, he said the present government had improved the electricity supply system and saving billion of rupee per year through the system.

He said the government was facilitating to the farmers and they were getting bumper crops of wheat, sugarcane, cotton and rice, adding improving agriculture sector was the top most priority of the incumbent government.

He expressed his hope that the PTI would again win the general elections of 2023 on the basis of its five years performance.

Replying to another query about PDM, he said the Pakistan Democratic Movement (PDM) had made part of history and all the opposition political parties were exposing and leveling allegations against each other these days.

Read more: How is federal budget a success story, and not the other way round?

The people had rejected the opposition parties and very much disappointed from their way of politics, he added.

Courtesy: APP