Daily Times

Federal Minister for Commerce Jam Kamal Khan on Saturday said that in the country’s economy, all economic indicators were showing positive growth for sustainable economic growth. The country’s exports show improvements as compared to last year, the interest rate is falling and inflation drastically gone low, he said in a statement issued by the Ministry of Commerce.

He said the foreign exchange stability achieved and stock exchange performing well as compared with other global and regional markets. The upcoming visits of Azerbaijan President and Malaysian PM, Saudi Business submit and SCO submit are positive signs for local economy, he said. Jam Kamal Khan said that agitations by PTI and the role of KP chief minister was not only discouraging but also bad for the country. The foreign investment commitments and delegates are regularly coming to Pakistan, he said. Kamal said that Privatization, FBR reforms, downsizing, ease of doing business and formation of Exim Bank were the key components of Small Medium Enterprise (SME) sector for betterment and growth of national economy.

The commerce minister said that historical foreign business participation in Expo fairs was a sign of the sign of their confidence in government’s performance. Now the energy rate challenge will be resolved soon and will contribute to a better industrial growth, he added. Separately, Punjab Finance Minister Mujtaba Shuja-ur-Rehman Saturday said that commerce was the backbone of any thriving economy, with commerce graduates playing a pivotal role in shaping its future.