ISLAMABAD: Prime Minister Imran Khan today (Sunday) has shared ‘more good news’ on the economic front, referring to the lowering of core inflation and Consumer Price Index (CPI).
Taking to Twitter, the premier said, “More good news on the economic front. Our efforts to reduce inflation are now showing results. Consumer price index & core inflation are both now lower than when our government was formed.”
More good news on the economic front. Our efforts to reduce inflation are now showing results. Consumer price index & core inflation are both now lower than when our government was formed. I have told my economic team to stay vigilant & ensure that inflation stays under control.
— Imran Khan (@ImranKhanPTI) January 31, 2021
“I have told my economic team to stay vigilant & ensure that inflation stays under control,” the Prime Minister maintained. PM Imran’s statement came a few hours after the Federal Planning Minister Asad Umar took to Twitter to announce that inflation was on the downward trajectory.
“Inflation continues to decline. Jan inflation (CPI) is down to 5.7%. Core inflation is at 5.4%,” Umar said, adding, “Last month (Jul 2018) prior to PTI govt formation, CPI was 5.8% & core was 7.6%. The rate of inflation is lower today than when the PTI govt was formed.”
Inflation continues to decline. Jan inflation (CPI) is down to 5.7%. Core inflation is at 5.4%. Last month (jul 2018) prior to PTI govt formation, CPI was 5.8% & core was 7.6%. The rate of inflation is LOWER today then when the PTI govt was formed. #PMIKECONPOLICYSUCCESS
— Asad Umar (@Asad_Umar) January 31, 2021
On Friday, while addressing a public gathering in Sahiwal, the premier said that efforts were underway to turn the country into an industrial state and an agro-based economy, to ensure sustainable development and prosperity.
Earlier this month, the prime minister appreciated Pakistani exporters for their role in increasing the country’s exports. In a statement, the premier had revealed that the country’s exports had registered a growth of 18% over the previous year.
