ISLAMABAD: Ministry of Finance react over media reports of rise inunemployment rate.
The Ministry of Finance has rejected claims about a rise in unemploymentrate that experts say can be as high as eight per cent this year due to theprevailing economic conditions, reportedlink *The News* on Saturday.
Reports in local media had earlier this week claimed that the economicpolicies of the government had resulted in loss of almost one million jobs,a 24% hike in the prices of food items, and further addition of 10 millionpeople to those falling under the poverty line.
“These claims made without any corroborating evidence about the expectedloss of jobs and higher unemployment rate are not based on facts since thelatest labour force survey is not published yet,” the Finance Division saidin a statement to the press.
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“A true picture would emerge only after the latest facts and figures areavailable after their publication by the Pakistan Bureau of Statistics(PBS),” the statement said.
