Fehmida Jamali says there is only way to escape the debt trap is by strengthening exports



ISLAMABAD, JULY 27 – Pakistan Tehreek-e-Insaf, Vice President Fehmida Kausar Jamali said the incumbent government have tried to stabilise the country fiscal position in its two years governance despite challenges we amicably resolves the issue of current account deficit.

In a statement on Monday, She said the PTI Government is determined to facilitate masses and to uplift economy. In this regard we made a solid base structure to take off.

The government made numerous measures to reduce the cost of doing business to increase country exports; we have fixed the gas and electricity rates for the textile industry till June 2021. Now our textile industry is equally competitive with the rest of the world producers. Next year the country will witnessed sharp increase in textile exports interims of dollars value.

As there is only way to escape the debt trap is by strengthening exports.However its unfortunate in 72 years, we have failed to convince the world to invest in Pakistan.” 

“We have failed to viable establish a tax collection system in 72 years”.  Pakistan depended on other countries to boost its finances and stressed on contemplating why the growth rate remained unstable.

She further told the second phase of CPEC at its glance and soon the completion of special economic zones will enhance the  capacity of country economic system.Fehmida Jamali also said ”We have given a historical economic relief package under Ehsass Cash  Emergency programme to financially empower the poor and deprived segments of the society.” No previous governments in the history had given such economic package for the common man in a transparent way. Especially in villages deprived people already received the cash assistance.