Finance Minister unveil economic survey 2020-21

1. ECONOMIC ACTIVITY HAS STARTED TO REVIVE
2. SMART LOCK DOWN ANNOUNCED BY PRIME MINISTER IMRAN KHAN WAS GREAT MOVE
3. PRIME MINISTER GIVEN LEVERAGE TO CONSTRUCTION SECTOR
4. AMENSTY SCHEME FOR THE CONSTRUCTION REVIVE ECONOMY AND CONFIDENCE
5. SEVERAL MOVES FROM THE GOVERNMNET TO COMBAT COVID PAYBACK
6. WORKING POPULATION WAS 55.6 MILLION BEFORE COVID
7. OWING TO COVID WORKING POLUTLATION REIGSTER A DECLINE OF 20 MILLION
8. SEVERAL COUNTRIES DID NOT FOLLOW THE SAME POLICIES AND SUFFER
9. PRIME MINISTER STEPS TO BOOST ECONOMY WERE BOLD STEPS
10. REVIVAL STAGE IN EVERY SECTORS NOW WORKING POPULATION REACHES TO 53 MILLION
11. GOVERNMNET GIVES INCENTIVES TO TEXTILE, AGRICULUTRE PACKAGES AND CONSTRUCTION
12. TURNAROUND WITNESS AND LSM RECORDS GROWTH OF 9%
13. AGRI SECTOR RECORDED GROWTH OF 2.7%
14. MAIZE, RICE AND WHEAT WITNESS BUMPER GROWTH
15. REMITTANCE ALSO SHOWS RECORD RECORDED
16. LAST MONTH REMITTANCE SEES TREMENDOUS GROWTH OF 2.5 BILLION DOLLARS
17. IN FY21 REMITTANCES TO SEE RECORD INCREASE TO $29 BILLION
18. CUIRRENT ACCOUNT HAS BEEN IN SURPLUS
19. BUT IN FY 21 IT WOULD BE DEFICIT DUE TO RISING IMPORTS
20. COUNTRY IMPORTING SUGAR AND OTHER COMMODITIES
21. ROSHAN DIGITAL ACCOUNTS CROSSES $1 BILLION
22. FOREX RESERVES WHICH DIPPED TO $7 BILLION
23. FOREX RESERVES NOW CROSSES $16 BILLION
24. COUNTRY HAS BECOME NET IMPORTER OF COMMODITIES
25. COUNTRY IS IMPORTING WHEAT, SUGAR, PALM OIL
26. CRUDE OIL PRICE WAS UP BY 119 PERCENT
27. PETROLEUM PRODUCTS INCREASE BY 14%
28. PALM OIL AND SUGAR PRICES UP BY 58 PERCENT
29. WHILE BOTH THE COMMODITIES LOCALLY UP BY LESSER THAN INTERNATIONAL PRICES
30. WE WANTED TO BECOME EXPORTER OF MILK
31. GOVERNMNET TO PROMOTE COLD STORAGES AND WAREHOUSING
32. STOCK MARKET IS BEST IN THE WORLD AND BEST IN ASIAN MARKETS
33. AT THE END OF MARCH TOTAL DEBT IS 37 TRILLION RUPEES
34. EXTERNAL DEBT IS AROUND 12.5 TRILLION WHILE DOMESTIC DEBT IS 25 TRILLION RUPEES
35. IN ONE YEAR DEBT HAS BEEN INCREASED BY ONE TRILION RUPEES
36. SINCE 2019 DEBT HAS BEEN INCREASED IN EXCESS OF RS 3 TRILLION RUPEES
37. BORROWING WAS NECESSARY WE CANNOT ESCAPE FROM DEBT
38. TO FUND FISCAL DEFICIT, LARGE ONE COUNTRY HAS TO BORROW FUNDS
39. TAX COLLECTION HAS IMPROVED SHARPLY
40. COUNTRY NEEDS GROWTH OF 7 TO 8 PERCENT TO ABSORB JOBS
41. NEARLY 2 MILLION JOBS REQUIRE PER YEAR TO BOOST ECONOMY
42. YOUTH IN COUNTRY CONSISTS OF AROUND 60 PERCENT
43. BUDGET WOULD CATER PROGRAM TO CUT POVERTY
44. ALL THE COUNTRIES IN THE REGION ABSORB UNEMPLOYMENT DUE TO SUSTAIN GROWTH
45. CHINA, INDIA AND TURKEY SHOWS CONTINUOUS GROWTH IN THE ECONOMY
46. IT IS GROWING UP BY 40% , NEXT YEAR WE LIKE TO SEE GROWTH OF 100%
47. WE LIKE TO SEE EXPORTS OF IT BOOMING FROM NEXT FISCAL YEAR
48. WE LIKE TO GIVE SEVERAL MEASURES AND INCENTIVES TO IT SECTOR
49. THERE HAS BEEN PRESSURE FROM IMF TO INCREASE TARIFF
50. PRIME MINISTER SAYS NO TO ANY INCREASE IN POWER TARIFF
51. PLANS UNDER WAY TO CURB CRICULAR DEBT
52. CAPACITIES HAVE BEEN INCREASED RESULTANTY PAYING CAPACITY PAYMENTS
53. THERE IS NO NEED FOR FURTHER POWER PLANTS, IF ECONOMY GROW BY 7 YO 8%
54. CAPCITY ENOUGH TO CATER THE DEMANDS OF THE INDUSTRIES
55. UNDER CPEC WE LIKE TO INCREASE OUR INDUSTRIAL GROWTH AND EXPORTS
56. WE LIKE TO BE PART OF CPEC AND LIKE TO MAKE INRODADS IN THE REGION
57. EHASS TO BECOME PIOVTAL FOR SAFETY NETS OF SOCITEY
58. EHASS TO HELP CURTAIL POVERTY AND IMPROVE STANDARDS OF POOR
59. GOVERNMNET PLANS TO SELL LOSS MAKING ENTITIES
60. PLANS HAS BEEN ON FOOT TO MAKE LOSS MAKING UNITS INTO PROFIT MAKING ENTITY
61. FOLLOWING THAT WE WILL PRIVATIZE THE GOVERNMNET ENTITIES
62. ADR IN THE COUNTRY IS THE LOWEST IN THE REGION
63. WE LIKE TO INCREASE THE FOOT PRINT OF THE BANKS IN THE COUNTRY
64. ECNOURAGING THE BANKS TO GIVE CREDIT TO SME AND PROMOTE REGIONAL BANKING
65. GOVERNMNET NEED TO PROMOTE BANKING SYSTEM TO IMPROVE CREDIT OFF TAKE

---

Related Posts

---