Submit News
Dialogue Pakistan
No Result
View All Result
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu
No Result
View All Result
Dialogue Pakistan
No Result
View All Result

Inflation rate to decline in upcoming months: Asad Umar

Web Desk by Web Desk
January 15, 2020
in News
0
Sindh
3
SHARES
31
VIEWS
Share on FacebookShare on Twitter

Federal Minister for Planning Development and Special Initiatives Asad Umar said that by the end of this year inflation would fall to a single digit, compared to 12.6 percent reported in December 2019.

“The decline in interest rate would help bring down the policy rate, which would boost businesses investment opportunities. At the moment, the credit off take by the private sector has not increased much in the past six months, because of high interest rates,” said Umar.

Rising inflation rate is one of the major concerns plaguing Pakistan’s economy, with the overall consumer price index (CPI) rising on a monthly basis by 12.6 percent year-on-year (YoY) in December 2019 compared to the same month last year, the Pakistan Bureau of Statistics (PBS) says.

The former finance minister predicted fiscal space reforms which will help increase the development budget for federal and provincial development projects.

He also encouraged closer cooperation between the private and public sectors. “We revamped the Public Private Partnership Authority, and we gave the Sukkur-Hyderabad motorway, which comes under the authority, a go ahead,” he said.

The minister also said that with the aid of the private sector, the federal government will initiate mega-projects in Karachi.

Tags: Asad UmarInflation
Previous Post

Ahsan Irshad, a computer scientist who loves to cook in the wild

Next Post

Iran plane crash: Person who filmed video 'arrested'

Next Post
Iran plane crash: Person who filmed video ‘arrested’

Iran plane crash: Person who filmed video 'arrested'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Punjab govt decides to reduce price of 20 kg bag of flour by Rs. 60

Punjab govt decides to reduce price of 20 kg bag of flour by Rs. 60

3 months ago
Meet Farheen Malik, the Voice Over Artist became a social media sensation overnight

Meet Farheen Malik, the Voice Over Artist became a social media sensation overnight

2 years ago

Popular News

  • FIA team raids, interrogates at software house for 10 hours in Karachi

    FIA team raids, interrogates at software house for 10 hours in Karachi

    182 shares
    Share 73 Tweet 46
  • Javed Afridi announces plan for running Peshawar-Karachi bullet train

    57 shares
    Share 23 Tweet 14
  • Hareem Shah slaps Abdul Qavi over “indecent talks”

    25 shares
    Share 10 Tweet 6
  • American climber goes missing

    22 shares
    Share 9 Tweet 6
  • Sandal Khattak, Hareem Shah identity revealed

    1420 shares
    Share 596 Tweet 343

Dialogue Pakistan

Citizen Journalism is the collection, dissemination and analysis of news by the people for the people especially by the means of internet. Dialogue Pakistan is the country's first citizen journalism portal to provide Pakistanis an opportunity to get themselves heard aiming to encourage citizen journalism inculcated with ethical values.

Category

  • Audio
  • Citizen Journalism
  • Documentaries
  • Feature Videos
  • Features
  • In House Videos
  • IN PICTURES
  • Lifestyle
  • Mobile Footage
  • New Catagory
  • News
  • News Roundup
  • Pakistan Super League
  • Photo Journalism
  • Press Conferences
  • Special Feature
  • Sports
  • Videos

Quick Links

  • About
  • Advertise
  • Careers
  • Contact

Follow us on

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2020. Dialogue Pakistan. All Rights Reserved.
Web Development & Social Media Management by Digital Otters

No Result
View All Result
  • Citizen Journalism
  • News
  • Videos
  • Features
  • In Pictures
  • Lifestyle
  • Urdu

Copyright © 2020. Dialogue Pakistan. All Rights Reserved.
Web Development & Social Media Management by Digital Otters