ISLAMABAD: Federal Finance Minister Ishaq Dar has said inflation rate decreased to 7.9% during last month of February, whereas, the prices of petrol, wheat, flour, sugar, lentils have been low in the country as compare to others regional countries including India.
Chairing the National Price Monitoring CommitteeĜ Dar suggested that calculated monitoring of the situation emitted out increased trend in prices of necessary goods in international market that initiatives could be taken to avoid impact of increased prices.
Finance Minister said that remittances sent by overseas Pakistanis raised to 11%, revenue generation increased to 17% and export increased to 6 %.
Ishaq Dar said Pakistani currency strengthened against dollar by 7%. He claimed that appreciation of rupees would resulted in further decrease of inflation rates.
Meanwhile, privatization committee of cabinet in the chair of the Finance Minister has approved the recommendations for e-government program put forward by Information Ministry division.
At the occasion he stressed that ministries should show restrained giving recommendations for restructuring when citizen money are involved.
Representatives of all provinces and respective authorities of federal ministries attended the meeting.
Dear TNT Reader,
At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.
Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.
But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.
Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.
Donate Monthly Subscription Annual Subscription