ISLAMABAD: Prime Minister Imran Khan on Thursday said Pakistan was moving on the road to development with accelerated development spending.

In a tweet, he said the rupee was stable, current account deficit was down by 73 percent, exports were growing and cement sales had risen.

According to the report, the percentage of development spending in July-February period of previous fiscal years remained 32% in 2014-15; 31% in 2015-16; 29% in 2016-17; 32% in 2017-18; and 23% in 2018-19.

Also Read: Exports increase by 13.6% in February, says Hammad Azhar

The report also highlighted the government’s commitment and priorities of spending and financial assistance in various projects of national interest including the China Pakistan Economic Corridor.

Pakistan is moving on the road to development with accelerated development spending; rupee stable; current account deficit down by 73 percent; exports growing; cement sales up. pic.twitter.com/sVRH5QWm1g

— Imran Khan (@ImranKhanPTI) March 4, 2020

Govt committed to bring inflation down to facilitate masses: Asad Umar

Talking to a news channel on Thursday, Minister for Planning and Development Asad Umar said the government was committed to bring the inflation rate down in next few months to provide maximum relief to masses.

He said the government’s professional economic team was working on different dimensions in this regard.

Asad Umar said the prices of food items had been decreasing, while export sector was showing improvement with each passing day.