Govt's Exemplary Steps Helped Improve Purchasing Power Of People: Farrukh

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Govt's exemplary steps helped improve purchasing power of people: Farrukh

Minister of State for Information and Broadcasting Farrukh Habib said on Thursday that the exemplary steps taken by the government for improving purchasing power of the people had helped increase annual per capita income to Rs246,000 from Rs186,000

ISLAMABAD, (UrduPoint / Pakistan Point News - 17th Jun, 2021 ) :Minister of State for Information and Broadcasting Farrukh Habib said on Thursday that the exemplary steps taken by the government for improving purchasing power of the people had helped increase annual per capita income to Rs246,000 from Rs186,000.

Reacting to Bilawal Bhutto Zardari's anti-government remarks, he, in a statement, said maximum relief was passed on to the citizens by avoiding any new direct tax in budget for the fiscal year 2021-22.

He said it was for the first time in the history of Pakistan that up to 6 million households would be given interest-free loans amounting to Rs 500,000 for steering them out of poverty.

The initiative would help make about 25 million people economically stable and sound, he added.

Chiding Bilawal over expounding 'incorrect' figures pertaining to economy, the minister said "Mr Bilawal, people have come to know your true nature and duplicity. It has become your way and practice of giving wrong statistics on budget." He asked Bilawal to explain as to where the funds of Rs1,600 billion, given to Sindh from the National Finance Commission Award, were utilized.

"Tell me why (Bilawal) you have left the people of Karachi and Sindh at the mercy of hoarders, mafias and those responsible of price hike," Farrukh questioned.

He said fake accounts, money laundering and looting had now become identity of Bilawal Zardari.