Sehat Sahulat Card
Essential health services must cover the entire population, giving priority to the most vulnerable.
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⦿ Ehsaas Program
Federal government announced a relief package worth Rs1.2 trillion in March 2020
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⦿ Pakistan Citizen Portal
⦿ Ten Billion Tree Tsunami
World can learn from country’s 10 billion tree plantation initiative: UK minister
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⦿ NCOC COVID Response
British magazine The Economist has ranked Pakistan at no. 3, behind only Hong Kong and New Zealand, for Covid-19 handling.
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⦿ Locust Attack Handled
FAO terms Pakistan’s massive control operation ideal
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⦿ Free floated currency
⦿ Legislated government must not meet deficit by simply printing money (HUGE)
Official points out if the new model doesn’t work, parliament is empowered to change the law again.
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⦿ Created a record 5.5 million jobs in 3 years
PTI government created over 5.5 million jobs over the last three years
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⦿ Negotiated away $1 billion fine on Karkay Rental Power Plant
Imran Khan congratulates government's negotiating team for "doing an excellent job in achieving this".
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⦿ Negotiated away $11 billion penalty on Reko
Instituted reforms in civil and criminal law and brought them to the 21st century
Premier terms reforms as a "defining moment", says overseas Pakistanis don't invest in country because of lack of trust in system.
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⦿ Produced record harvests of cotton
The Cotton Crop Assessment Committee (CCAC) on Wednesday told over 8.46 million bales of cotton production was expected during current season.
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⦿ Produced record harvests of wheat
Pakistan may harvest over 28.75 million tonnes of wheat this year, two million tonnes more than previous high recorded in 2016/17.If the harvest gives the output that is expected then Pakistan may not require further imports at...
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⦿ Produced record harvests of sugarcane
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⦿ Produced record harvests of potato
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⦿ On track to plant forty million olive trees to position Pakistan as a major producer in coming years
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PESHAWAR - Blessed with diverse ecological zones, fertile soil and suitable climate conditions, Khyber Pakhtunkhwa is going to emerge as a home of olive trees
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Pakistan’s olive development programme is expected to receive grants from the council.
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⦿ Exports on target to hit $50Bn by end of his tenure. $35Bn this year
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⦿ Exports on target to hit $50Bn by end of his tenure. $35Bn this year
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Advisor to the PM on Commerce and Trade, Abdul Razak Dawood has said that target for goods and services exports has been at $35 billion in the fiscal year 2021-22 despite the challenges arising from the coronavirus pandemic. “For the current fiscal year, which started from July 2021, we have...
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Country would soon begin exporting its own indigenously manufactured durable goods such as mobile and motorcycle
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⦿ Foreign Exchange reserves at record high - $24Bn
Central bank gives no reason behind the increase
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⦿ Highest share of capacity-enhancing capital goods in imports
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Adviser seeks to work closely with SBP to curb imports of non-essentials
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⦿ Reduced Current Account Deficit to 2.5% of GDP
Keeps interest rate unchanged at 7pc, projects GDP growth of 4-5pc this year.
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⦿ Renegotiated the Qatar LNG deal, saving Pakistan $3 billion over 10 years, new deal 31% cheaper than what PMLN had negotiated
PM’s aide says political, military efforts behind the lowest-ever publicly disclosed price in the world.
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⦿ Renegotiated terms with IPPs to save Pakistan Rs836 billion over 10 years
ISLAMABAD: In a major breakthrough, all the 47 independent power producers, who had signed MOUs in August 2020 paving way for discounted tariff of Rs836 billion in the next 10-12 years, have now...
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⦿ Increased tax revenue (on target for Rs6T this year), on target to increase tax as % of GDP from 10% to 16% by 2024
Finance Adviser Shaukat Tarin says bailout will not restrict growth
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⦿ Achieved Primary Surplus
ISLAMABAD: Pakistani authorities managed to keep budget deficit at 0.9 percent of GDP, or around Rs400 billion, during the first quarter of the current fiscal – an achievement that was hailed...
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⦿ Regularized remittance flow - highest remittances received. Roshan Digital Accounts
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ISLAMABAD: Reacting to a foreign newspapers report about Pakistan to get $32 billion remittances in current fiscal, Special Assistant to Prime Minister on Overseas Pakistanis and Pakistan...
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* Out of the overall deposit, 69% has been invested in Naya Pakistan Certificates, while a mere 1% has gone to the stock market
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⦿ Achieved stable GDP growth rate of 5.7% for FY2021 and now headed towards 5.5% for FY2022
Finance Adviser Shaukat Tarin says bailout will not restrict growth
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⦿ Has started construction of 10 large dams that will see completion beyond his present tenure
Imran says construction essential to avert looming threat of water scarcity
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⦿ On track to build 6000 km+ of national highways during present tenure (more than any previous government)
He said that PTI government laid strong hands on sugar, wheat and energy mafia after conducting an impartial and transparent inquiries and exposed real faces of mafia before masses.
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⦿ On track to indigenize cellphone manufacturing - 82% of cellphones now at least assembled within country. Was less than 1% when PTI came in power
ISLAMABAD: The production of mobile phones by local manufacturing plants has surpassed the number of commercial...
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⦿ Introduced Pakistan's first truly integrated electricity capacity enhancement plan, also called Indicative Generation Capacity Expansion Plan (IGCEP) 2021-30 - which prioritizes indigenous, low-cost and green sources of electricity generation, whilst also making sure there are adequate measures in place for evacuation/transmission and billing/recovery
The power generation plan was pending since 2005, claims Hammad Azhar. Approval of plan to prevent expensive power generation, says Azhar. Electricity would be generated from cheap fuel on a...
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The list goes on and on....
Before MiftahIsmail/patwaris lies again. Let me write a long thread with FIGURES where PTI left the economy.
Thread of Numbers only.
1. GDP growth outperformed global markets
• GDP growth accelerated to 5.6% in FY2021
• In comparison, USA economy contracted -4%, EU -8%
4%, EU -8%, India -7.3% and the Gulf states by -5%.
2. No other govt. achieved 5.6% growth in their first 3 years. PMLN 3.3%, PPP 2%
3. Economy on target to achieve GDP growth above 5% in FY2022
4. LSM growth 7.6% during first seven months of FY2022
5. • Exports $ 23.3bn in first 9months of FY2022 – on current path will cross $ 30bn for first time in history
6. Remittances at record level of $29bn in FY2021, to grow to $ 34bn in FY2022
7. $ 4bn investment from overseas Pakistanis in RDA
8. Profitability of the top
100 companies listed on PSX posted the growth of 62% in 2021, the highest growth in the last 10 years.
9. IT package, over $ 350mn investment in Pakistani startups in 2021 – higher than all previous years combined.
10. WB DB index Top 10 reformers; 28 points
8 points (108/190)
11. Moody’s rating agency upgraded outlook to ‘Stable’ from ‘under review for downgrade’ (August 2020)
NOW JOB CREATION FACTS.
1. Inclusive growth strategy adopted by PTI government with focus on labor intensive constructions, export industry, SMEs, tourism, and agriculture.
2. PTI govt created 5.5mn jobs in first three years, the highest by any govt on record.
3. Average of 1.84mn jobs per year is higher than PPP (1.4mn) and PMLN (1.1mn).
4. Current trajectory suggests that we are on target to achieve the 10mn jobs promised by Imran Khan in 2018 manifesto.
5. According to the WB, Pakistan outperformed all regional economies during the 2020-2022 COVID period, with the lowest unemployment rate in the South Asia region at 4.3% compared to India 8%, Bangladesh 5.4%
NOW ENERGY SECTOR REFORMS
1. Debt stock of PHPL Rs. 806 bn shifted to public debt, to protect consumers from tariff surcharges
2. NEPRA approved CTBCM (Competitive Trading Bilateral Contracts Market)
3. MoUs with 53 IPPs to save Rs 836bn in 20 years. Shutting of inefficient power plants. 3-4 plants closed.
4. WACOG bill.
5. 5 hydel damns under construction, first time since the 1970s will reduce dependence on imports and reduce cost of energy for consumers.
6. None of these reforms or investments were made in any of the previous regimes.
NOW SANCTIONS AND PENALTIES.
1. Resolve Karkey rental power plant issue saved $1.2bn
2. Resolved Reko Diq issue, penalty of $ 11bn saved. New investment of $10bn for Balochistan.
3. FATF financial sanctions ‘ black list’ saved. Significant progress achieved under PTI government. Pakistan has completed 26 of the 27 action items in its 2018 action plan.
NOW COVID RESPONSE.
1. IMF termed COVID as the biggest crisis since the 1930s great depression.
2. WHO hailed Pakistan COVID response as one of the best in the world.
3. Economist magazine ‘ Normalcy Index’ rated Pakistan as the top country in the world in Nov 2021. Lawrence Summers, WB Chief Economist stated ‘US should have emulated Pakistan in
mulated Pakistan in handling coronavirus’.
4. • Bill Gates hailed remarkable progress by Pakistan on COVID and Polio eradication
5. 80% of target population provided 2 does of vaccines free of cost ($ 5bn subsidy).
Pakistan introduced the concept of Smart
lockdowns to contain the spread, the world followed our lead.
7. Record fiscal and monetary stimulus package of Rs 2.5 trillion (6% of GDP or $ 16 billion).
8. 15 million families received EHSAS cash payment
9. SMEs pre-paid power bills Rs 50bn (95% commercial
72% industrial users benefitted)
10. Subsidy to Households (USC, power & gas bills)
11. Construction package Rs 300bn new spending for low cost housing & jobs creation.
12. Industrial Support package – 50% discount on additional power consumption; 25% for 3 years
13. 1.6 mn businesses loan deferrals (Rs 657 bn).
14. • 1.7 mn jobs protected under Rozgar scheme.
15. SBP TERF led to Rs 435 bn of new investments in Pakistan.
Still some of the things i have missed.
