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Friday September 20, 2024

Inflation increased and so is purchasing power: Fawad

By Our Correspondent
June 02, 2021

ISLAMABAD: Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain said the good news continued to pour in and now Kuwait has started issuing work visas to Pakistan after ten years.

Fawad conceded that inflation has increased in country but the purchasing power is also increasing at the same rate, which is welcome, hopefully in the next two years the country will be closer to the destination under the leadership of Imran Khan. The minister tweeted that Pakistan's recovery on the corona front has taken the world by surprise, while countries in the region, including India, are battling this deadly disease.

“In our country, except Karachi, the rate of corona has come down to less than 4%,” he pointed out and speaking on the upcoming new budget, he noted that the salaried class will get a big relief in the budget.