ISLAMABAD: Federal Minister for Finance Miftah Ismail has rejected the claim of former Minister for Planning and Development Asad Umar on the economic situation of the country and said that there is a limit to misrepresentation.
In a message on the social networking site Twitter, former finance and planning minister Asad Umar said yesterday that the government has found the vehicle of the economy in the best running condition. There are record exports, record crops, an increase in industrial production, and fast-growing employment opportunities, he said.
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Describing the state of the economy as improving at a record level during the PTI regime, former federal minister Asad Umar said that with the slowness and incompetence with which the present government is making decisions, it seems that the engine has started emitting smoke soon. Incumbent Finance Minister Miftah Ismail dismissed the PTI’s claims as baseless.
امپورٹد حکومت کو بہترین رننگ کنڈیشن میں معیشت کی گاڑی ملی ہے… ریکارڈ ایکسپورٹس، ریکارڈ فصلیں، صنعتی پیداوار میں اضافہ، تیزی سے روزگار کے مواقع میں اضافہ. جس سست روی اور نا اہلی سے یہ فیصلے کر رہے ہیں، لگتا ہے انجن نے جلد دھواں چھوڑنا شروع کر دینا ہے
— Asad Umar (@Asad_Umar) April 19, 2022
In his Twitter message today, Finance Minister Miftah Ismail said that the biggest budget deficit in history and the highest trade deficit, the highest inflation rate, wheat and sugar that we used to export, we are forced to import. The rupee has depreciated sharply, he said.
تاریخ کا سب سے زیادہ بجٹ خسارہ اور سب سے زیادہ تجارتی خسارہ ، بلند ترین مہنگائی ، گندم اور چینی جو ہم برآمد کرتے تھے درآمد کرنے پر مجبور ، روپے کی قیمت میں تاریخی کمی، زرمبادلہ کے ذخائر میں ریکارڈ کمی اور اسد عمر صاحب کہہ رہے ہیں کہ معیشت اچھی ہے؟ غلط بیانی کی بھی حد ہوتی ہے
— Miftah Ismail (@MiftahIsmail) April 20, 2022
In a Twitter message, former Planning and Development Minister Asad Umar’s claim was dismissed as baseless, and Finance Minister Muftah Ismail said that the country’s foreign exchange reserves had dropped to a record low and Asad Umar is saying that the economy is good? There is also a limit to misrepresentation.
