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ISLAMABAD, (MANEND NEWS): Federal Minister for Information Fawad Chaudhry on
Wednesday has said that the process of appointing new director general of Inter-Services
Intelligence (ISI) has been started.
In a post on social-networking website Twitter, the minister said that consultation
between Prime Minister Imran Khan and Chief of Army Staff (COAS) General Qamar
Javed Bajwa on this matter has been completed.
Civil and military administrations have proved yet again proved that all institutions are
united for the country s stability, integrity and development, he added.
Meanwhile Chaudhary Fawad Hussain has said the present government has changed the
country’s economic direction.
Addressing an event in Islamabad on Wednesday, he said our construction, textile and
software industries are booming today, expressing the confidence that the country will
stand on its own feet in the next few years.
The Minister however regretted the debt burden of 23 thousand billion rupees
accumulated during the period between 2008 and 2018. He said this money was
laundered Dubai, UK and USA and the country today is faced with the issue of inflation.
He said the government will have to return loan of 21 billion dollars this year.
Fawad Chaudhary said there is price hike today because of rising prices of commodities
in the international market. He pointed out that the prices of petroleum products, palm
oil and wheat have substantially gone up.
He put emphasis on the modernization of livestock and farming sectors saying this will
help us bolster our exports of food related items to the Arab World. He said we will also
have to add value to our industrial products to enhance our exports.