For the first time in history, Pakistan’s Foreign remittances and exports hit $55 billion

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For the first time in history, Pakistan’s Foreign remittances and exports hit $55 billion

Minister of State for Information and Broadcasting Farrukh Habib says volume of remittances and exports is expected to reach 55 billion dollars by the end of current fiscal year.

In a video message today (Friday), he said prudent policies of the government have pushed the economy in a right direction.

Farrukh Habib said current account deficit is in surplus and our exports have increased by 13 percent this year.

He said Large Scale Manufacturing has expanded to nine percent as well as significant sales of tractors and cement were also recorded.

The Minister of State said the government is taking steps for the welfare of common people. He said there are 34 programs continuing under the umbrella of Ehsaas initiative aiming at poverty alleviation and social protection.

Criticizing PPP Chairman Bilawal Bhutto Zardari, Farrukh Habib said it is unfortunate that Sindh government has done nothing for the welfare of common people. He said PPP's government in Sindh has only been focusing on corruption for last 13 years.