- Federal minister Asad Umar proclaims automotive gross sales went up this 12 months.
- Nevertheless, his brother and PML-N chief Mohammad Zubair doesn’t appear to be happy with the assertion.
- Financial system was rising at 5.8% in 2018 and look what a multitude it’s now, says Zubair.
Federal Minister for Planning and Growth Asad Umar Tuesday took to Twitter and introduced automotive gross sales went up this 12 months as in comparison with the final; nevertheless, his brother and PML-N chief Mohammad Zubair didn’t appear happy with the assertion.
“Car sales up 31% vs last year in first 9 months of this fiscal year. Private sector credit off-take up 34%,” the federal minister mentioned.
“Jul to feb large scale manufacturing growth up 7.5%. Widespread growth visible while running a current account surplus, which unlike past makes growth sustainable,” Umar added.
“This should all add up to a reasonable growth of around 4-5% but it’s going to be just 1.5% – one of the lowest in our history & lowest in the region,” Zubair mentioned.
“Simple economics hai (this is simple economics). Inflation is up, unemployment up & so is poverty. Economy was growing at 5.8% in 2018 & look what mess now,” he added.
Following the brother’s dialogue, individuals joined in on the dialog and responded.