Govt placed economy back on track: Hammad claims

ISLAMABAD, Jan 12 (SABAH): Federal Minister for Energy has claimed on Wednesday that PTI led government has saved country from bankruptcy and placed economy back on the track.

Addressing a National Assembly session, Azhar said that Pakistan Tehreek-e-Insaf (PTI) government paid back record amount of loans and took difficult decisions to correct the direction of the economy.

He said that country was nearing bankruptcy when PML-N left the government but PTI shunned their policies and took decisions that led to growth in the country.

The minister asserted that yield of crops has increased compared to tenure of PML-N as highest sale of urea was recorded in 2021 which led to shortage of the fertilizer.

Talking about inflation in the country, Energy Minister said that increase in the commodity prices was due to supply chain problems because of coronavirus pandemic.

Hammad Azhar said there has been growth of 25 to 30 percent in exports which will touch thirty billion dollars by the close of this financial year.

The Minister for Energy said the government is fully cognizant of the problems faced by the people due to inflation. He said that the government disbursed about 200 billion rupees amongst millions of deserving families under Ehsaas program in the wake of COVID-19. He said we are also providing the people with Insaaf Sehat Card under which each household is entitled to medical treatment worth one million rupees. He said the international community is appreciating Pakistan for successfully tackling the Covid pandemic.