No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
No Result
View All Result
No Result
View All Result

Shaukat Tarin hopeful for better economic conditions in Pakistan

News Desk by News Desk
December 10, 2021
in Business, National
Reading Time: 1 min read
Tarin
Share on FacebookShare on Twitter

ISLAMABAD: During the 24th Sustainable Development Conference by Sustainable Development Policy Institute (SDPI) on Thursday, the Finance Adviser Shaukat Tarin discussed the economic condition of the country, stating when basic commodities’ prices will decrease in the international market, it will also benefit Pakistan.

“We should not worry too much as conditions will improve eventually,” he said.

According to the adviser, the country has experienced a four per cent growth in the economy after coronavirus and is heading towards sustainable growth.

The high current account deficit is due to the difference between imports and exports, 25pc of the gross domestic product relies on imports while 10pc on exports.

The agriculture sector and industries have to be promoted to expand exports. He further added that duty was decreased on raw materials, and actions for boosting exports and expanding production on the domestic level were being taken by the government.

He also explained that during the tenure of the previous governments, excess power was generated, the cost of which was being borne by the consumer. He added that reforms would be introduced in the power sector to improve the situation.

News Desk

News Desk

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

IMF-Pak
Business

Talks between Pakistan and IMF begin in Qatar

by News Desk
May 18, 2022
CM Sindh removes Mushtaq Mahar as Inspector General of Police
Latest News

CM Sindh removes Mushtaq Mahar as Inspector General of Police

by News Desk
May 18, 2022
Hajj 2022 Ministry
Stories

Hajj Fee 2022 – Price Comparison in PTI Govt and PMLN Govt

by Web Desk
May 18, 2022
Oppo Reno 8 Pro Price 2022
Uncategorized

Oppo Reno 8 pro Price in Pakistan & Features Overview 2022

by Web Desk
May 18, 2022
Dollar
Business

Dollar jumps to Rs197 in interbank market; trading at Rs200 in open market

by News Desk
May 18, 2022

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories

Copyright © 2022 The Upcut. All rights reserved.