PTI govt put economy on right track: minister

Federal Minister for Information Fawad Chaudhry has said the economy has been put on the right track during the three-year rule of the PTI government, which, according to him, is a landmark achievement.

“Prime Minister Imran Khan has the vision to ensure economic stability in the country. The government’s prudent policies have started yielding positive results,” the minister said while addressing a press conference along with Minister for Industries Khusro Bakhtiar on Wednesday.

“A significant improvement has been made in the agriculture and textile sectors during the past two years and there has been a phenomenal increase in yield of wheat, rice, maize, and sugarcane,” he said.
He said agricultural and industrial sectors have been revived due to the prudent policies of the present government. Both the major sectors were adversely affected due to flawed policies of the previous government, he claimed.

Read ‘Economic indicators point to improvement’

The minister said the current account deficit has been brought down to zero and the prices of the daily use items have also been trending downward.

“The latest good news for the people is the reduced prices of cars under a new auto policy. The initiative has been taken to resolve problems of middle and lower-middle classes. A special scheme is being launched for those who want to purchase cars for the first time.”

Responding to a question, he said Minister for Finance Shaukat Tarin has gone abroad for a medical checkup and he would be back on Monday.

To a question about electoral reforms and consultations with the opposition, he said the government has put forward a 49-point reform plan and it is awaiting the response from the PPP and PML-N.

He said Prime Minister Imran Khan will address election rallies in Azad Jammu and Kashmir  (AJK) as the chairman of the ruling PTI. He said if the PM had decided not to address the AJK rallies then the media houses would still have criticized him all the same.