Pak economy back on growth as I predicted two years ago, claims Asad Umar

ISLAMABAD, (MANEND NEWS): Minister for Planning, Development and
Special Initiatives Asad Umar on Saturday claimed that Pakistan’s
economy is back on the path of growth as he had predicted two years
ago in April 2019.

In a brief message on Twitter Saturday, the federal minister responded
to criticism against the government on the “sudden, accelerated”
growth in the economy. He shared a video clip with the post, saying
that he had predicted that it would take the economy two years to
return on the growth path and the current growth rate has proven that
prediction.
“Those who are asking how economic growth could have suddenly
accelerated should watch my video clip where I had said that it will
take two years,” the minister wrote while sharing the clip from April 3,
2019.
The federal minister said it was the clear policy of the government of
Prime Minister Imran Khan to put the economy on a sustainable
growth path, instead of taking a decision that might have immediate
acceptance but would not be good for the economy in the long run.
However, PML-N leader and former governor Sindh Muhammad Zubair
disagreed with his brother and quickly responded on Twitter, saying
that the “economy is in ruins.”
“But even if we agree, what does it say of your kaptaan who had no
clue. Just 15 days after this event, the kaptaan removed you. Surely
he doesn’t understand. That’s why we insist he must go,” Zubair said
in a reference to PM Khan’s move to remove Umar from the post of
finance minister shortly after the video clip in question was recorded.
Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari, too,
gave his two cents on the PTI government and its policies for the
economy.
In a statement issued on Saturday, Bilawal Bhutto Zardari said he will
not let the ‘PTIMF’ budget get approved from the parliament as an
anti-public government cannot make a people friendly budget.
The PPP chairperson criticised the incumbent government for taking
loans on tough conditions and imposing unbearable taxes. He said the
only parameter of progress in civilized societies is the prosperity of the
poor.
PTI’s economic policies revolve around capitalism, he said, adding that
only PPP’s policies represent public interests.

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