By Anzal Amin
ISLAMABAD: Special Assistant to Prime Minister on Capital Development Authority (CDA) Affairs Ali Nawaz Awan here on Sunday said the previous Muslim League-N government had left a Current Account Deficit (CAD) of $ 20 billion, which was turned by the Pakistan Tehreek Insaf (PTI) government into $800 million surplus as its major economic success. “The former government has left the Rs 45 billion in the form of liabilities, including Current Account Deficits, external debt, circular debt and trade deficits, which led the government to go to the International Monetary Fund (IMF), he said while talking to APP.
He said that despite of COVID- 19, the government achieved the 4 percent annual economic growth that had stunned the opposition parties and international experts.
Ali Awan said that all this was made possible by the charismatic personality of Prime Minister Imran Khan.He said, let us explain how this was possible, when the world was in fear of Corona, Prime Minister Imran Khan was giving incentives to the farmers and construction sector in the country.
The SAPM said that the housing sector was a major focus of the government and “we are providing easy loans to the people on lower interest rates for growth in the housing sector.
Ali Awan said that the government had provided relief to the Agriculture sector, which resulted in growth and acquired four bomber crops this year.
The government has allocated additional Rs 25 billion for the growth of the agriculture sector, he said and added that the government had also provided more relief to agri-industry and supported its people for development of a modern agri-industrial base to enhance the export in the sector.
At that time, Prime Minister Imran Khan was giving repayments to the textile industry, which set a record for exports during the COVID time and beat all the regional and global players in this sector, he expressed.
He said, due to the government’s wise incentives on agriculture, the rural economy generated Rs.1100 billion in the country’s economy. “I say only a visionary leader like Imran Khan will achieve more economic successes in future and surprise those who used to say that the government is not going to work”, he maintained.
