Finance Minister Muhammad Aurangzeb has said that it is better for the government to withdraw from economic sectors.
Muhammad Aurangzeb while addressing the Future Summit in Karachi said that the macro-economic indicators are gradually improving, deficits have turned into surplus, remittances are continuously improving, after the reduction in interest rates, Karachi inter-bank offered rate Kybor 13. It has come down to percent.
He said that the private sector has to lead the country and improve its performance, the private sector has to increase its productivity along with increasing business, where there is a problem or obstacle, the Economic Coordination Committee takes a tough decision. I have reviewed the price of chicken and pulses.
The finance minister said that there is a need to reform the pension, we are getting the message to continue working on the economy, we don’t have a relaxed capacity, we have no choice, the country cannot move forward without economic reforms. .
He said that the sector of the economy from which the government leaves is better for the government, the rice crop grew due to the absence of the government, rice exports increased to more than 4 billion dollars, which the government There is improvement in this, the government has left rice and maize, Punjab government’s decision not to set support price for wheat is a right move.
Muhammad Aurangzeb said that forget the government in research, the private sector has to play a role in this regard. The government will provide its support.
He added that the tax revenue of the country is 9.4 trillion. And the country has 9 trillion currency in circulation. Whoever tries to change it will have problems, if the tax rev new cannot be increased this time, then the tax on the salaried class and industries will increase.
