Advertisement
Categories: BusinessNewsPakistan

Protests Cost Pakistan 190 Million Rupees Daily, Says Finance Minister

Advertisement

Finance Minister Muhammad Aurangzeb revealed on Saturday that protests in Pakistan result in daily losses of around 190 million rupees. “We have to avoid this practice,” he stated while addressing the Overseas Investors Chamber of Commerce and Industry.

Aurangzeb emphasized the importance of promoting trade and investment to stabilize the economy. “The economy is being stabilized, and prices are going down,” he said, urging the private sector to take the lead in driving economic growth.

However, a journalist questioned the minister’s claim about falling prices, pointing out that “everything has been expensive.” In response, Aurangzeb acknowledged the concern and assured that the government is monitoring the situation. “We have to activate the price control committees to extend benefits to people,” he added.

The minister also stressed the need for collective effort, stating, “We have to sit together to reach an understanding that, come what may, no compromise will be made over some basic things.”

Advertisement
News Desk

Recent Posts

PM’s Digital Youth Hub to facilitate freelancers countrywide

Prime Minister's Digital Hub, a government's initiative to promote digital transformation through youth empowerment, has…

4 days ago

Five museums to check out in Dubai

From historic Creekside tales and women’s stories to futuristic wonders and trippy digital art, Dubai’s…

4 days ago

Transformers in PUBG Mobile’s Version 3.9 Update Is… More Than Meets the Eye!

PUBG MOBILE, one of the world’s most popular mobile games, is excited to unveil a…

4 days ago

Government is working on tax exemption for consumers who use up to 300 units of electricity, Sindh Energy Minister

Sindh Minister for Energy and Planning Syed Nasir Hussain Shah has said that they want…

7 days ago

Pakistan’s Remittances Soar to $38.3 Billion, PM Shehbaz Sharif Hails Overseas Pakistanis

Prime Minister Shehbaz Sharif expressed his satisfaction with the record-breaking $38.3 billion in remittances sent…

7 days ago

NEPRA Slashes K-Electric Tariffs by Rs4.03, DISCOs by 50 Paisa

The National Electric Power Regulatory Authority (NEPRA) has greenlit a substantial reduction in electricity tariffs…

7 days ago