As long as there is corona inflation will not go down.

Speaking at a press conference in Washington, Shaukat Tareen said that oil and other commodities are becoming more expensive all over the world and the reason why they are happening is not known. Comprehensive measures are being taken for improvement including Track and Trace for Pakistan Tobacco Cement Sugar Beverages Industry.

Our goal is to increase the tax to GDP rate to 20% in the next 4 to 5 years Moving we are towards targeted subsidies for the betterment and convenience of the common man.

According to a statement issued by the Ministry of Finance, the Federal Minister of Finance briefed the media on the details of his visit to the United States
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He said that the present government was also introducing an interest-free loan scheme along with the bottom-up approach. Is.

The finance minister said remittances increased by 16.9 per cent year-on-year in September on an average revenue of 2. 2.7 billion for the seventh consecutive month, while revenue on a monthly basis increased by 0.5 per cent in the first quarter of the year. Overall, remittances increased by 12.5% to 8.0 billion during the month.

He said that remittances during September 2021 were mainly from Saudi Arabia, which was 68 681 million, while the United Arab Emirates was 2 502 million, 37 370 million from the United Kingdom and 5 245 million from the United States.

The Finance Minister said that measures such as proactive policy by the present government and the State Bank of Pakistan to encourage the use of formal remittance channels have reduced cross-border travel and foreign exchange market conditions in view of COVED-19. Over the years, remittances have continued to improve and play a positive role.

The Federal Minister for Finance was addressing a press briefing at the Pakistani Embassy in Washington DC. Finance Secretary Yousuf Khan, Governor SBP Dr. Raza Baqir and Ambassador of Pakistan Dr. Asad Majeed Khan and others were also present on the occasion.