First hand knowledge....few of my friends are in industry and they just burst up thinking I am PTI wala.
How many jobs lost? economy not on standstill but going down. Only a blind can deny.
Tell just one thing. what police reforms were brought in Punjab? I dont have to quote killings in police stations.
Yep economy on stand still right?
1. Cement sale grew by 11%. Where is cement used? constructions. thus if there is demand for cement and that demand has gone up thus it means we have growth happening in constructions which employees substantial amount of people directly or indirectly.
Yes, there was slow down in growth but we are all aware of the causes and the mess that previous two government left behind. But it is now moving in the right direction.
2. Our exports are increasing in particular our textile exports are increasing. The increase is in dollar term and given the dollar depreciated 33% it means the growth in export in rupee terms has been substantial more. With constant supply of electricity, which did not happen with the previous government, our textile will further increase over the coming years.
3. our it export is increasing, now with government introducing e payment and hopefully it gets linked up with Paypal type of services than our exports in IT will increase even further.
4. Since this government has come to power the ban on our rice in qatar was lifted thus meaning we will be exporting more rice which will be good for our farmers.
5. Tourism on year to year has increased substantially more. This is creating localised economies and leading to more revenue generation.
Many business are complaining because they do not want to pay taxes or even pass on taxes they collected from public under GST.
As someone said the economy is off the ventilators and hopefully it will be out of the ICU pretty soon.
Now one also has to look at international issue, presently there is a massive talk of
global recession due to China and USA trade war. It is also creating opportunities for Pakistan such as moving some of the manufacturing to Pakistan. For example Samsung has now entirely moved out of China and to Thailand. Similarly if we can, with right incentives, get some of the companies to move manufacturing to Pakistan that would be great. But there is definitely global slowdown happening.