PTI government unveils new economic achievement

PTI government unveils new economic achievement

ISLAMABAD: Senator Faisal Javed said on Wednesday said the Pakistan Tehreek-e-Insaf (PTI) government would bring down the circular debt to zero by December 2020.

Talking to the media here outside the Parliament House, he said the government had significantly reduced the current account deficit and determined to reduce it more in the next year.

He said it would take some time to clear 30 years old mess as presently the country's earnings were less than its spendings.

The government had undertaken reforms in the system, which would take some time to bear fruit, he added.

Senator Faisal Javed said the prices of commodities hiked by 21 percent during the Pakistan Peoples Party (PPP) government, which were further risen by 8.4 percent during the Pakistan Muslim League-N regime and upto 7 percent present government.

He said the economy would be much better in 2020 because the balance of income and expenditure would be improved.