Inflation will reduce in 2020: Asad Umar

KARACHI:Federal Minister for Planning Development and Special Initiatives Asad Umar has said inflation will reduce and the national economy would also be more improved during  2020.

While talking to media, the minister said quick development would be sighted as the government would allocate more funds in the economy sector. Asad Umar told the government was also taking measures to decrease the percentage of interest rate in 2020.

He said the investment would be enhanced through support between the public and private sectors. He further said the federal government would initiate special projects in Karachi with the assist of the private sector.

He said the government with the support of other political parties including the Muttahida Quami Movement and Pakistan Peoples Party would provide the facilities to people of the metropolis without any prejudice.

He said the major problems for the people of Karachi, including water, transport, sewerage and sanitation system however PTI government was taking measures to resolve them.