PTI leaders have criticized the government’s ability to define the improvement in the economy contradicting their figures with better economic figures during PTI’s tenure earlier. During a press conference in Islamabad, the PTI’s information secretary Sheikh Waqas Akram quantitatively compared some fundamental macro variables in both periods.
Akram has pointed out that it has brought the economic growth rate down from 6.5 percent in 2022 to 2.4 percent in 2024. He also observes with satisfaction that although the incumbent government has put great emphasis on reducing the inflation rate from 38% to 13%.
The national debt has also skyrocketed from 43 trillion to 70 trillion rupees within this period. The exchange rate of Pakistani Rupee has been in a free fall over the years, it has moved up to 279.72 Rupees for 1 US Dollar.
Khyber Pakhtunkhwa finance adviser and chief minister of the province dismissed Muzammil Aslam and revealed that since 2022, 1.8 million Pakistanis have fled the country because of the economy. However, he informed that the provincial govt of Punjab has established, Pakistan’s first debt management fund, and out of the new budget just launched, PKR 30 billion have been allocated for the Sehat Card, a health insurance program through which free treatment has been provided to over 9,00,000 deserving patients.