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Home Business & Stock

Hammad Azhar expresses satisfaction over economic revival

MM News Staff by MM News Staff
October 21, 2020
Reading Time: 2 mins read

ISLAMABAD: Federal Minister for Economic Affairs Hammad Azhar has expressed satisfaction over the report that Pakistan’s industry is leading the economic revival despite coronavirus shock.

Hammad Azhar in a tweet wrote that cement, Automobiles, LSM, exports, construction, fertiliser, and other sectors showed robust growth.

I am glad to report that Pakistan’s industry is leading the economic revival despite covid shock. Cement, Automobiles, LSM, Exports, Construction, Fertiliser and other sectors are showing robust growth. This growth is combined with the first Qtly C/A surplus after 5 years.

— Hammad Azhar (@Hammad_Azhar) October 21, 2020

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“I am glad to report that Pakistan’s industry is leading the economic revival despite covid shock. Cement, Automobiles, LSM, Exports, Construction, Fertiliser and other sectors are showing robust growth. This growth is combined with the first Qtly C/A surplus after 5 years,” he wrote.

Read more: No new taxes imposed in Budget 2020-21: Hammad Azhar

In another tweet, the minister wrote that the country’s economy was left on the verge of default by our predecessors. “The rescue of the economy, followed by drastically improved economic fundamentals despite the COVID-19 shock was in part due to hard but correct decisions by the government,” he added.

Pakistan’s economy was left on the verge of default by our predecessors. The rescue of the economy, followed by drastically improved economic fundamentals (despite the covid-19 shock) was in part due to hard but correct decisions taken in a timely manner by the PTI govt. https://t.co/oedUcdA33n

— Hammad Azhar (@Hammad_Azhar) October 21, 2020

 

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