

“All these things will appear on ground in the coming days,” he remarked. Moreover, he said the sugar prices would fall in the near future owing to record sugarcane crop. “All this shows that the country’s economy is heading fast and employment would be required in the coming days,” the spokesperson commented.Īddressing a question about any relief for the middle class in the PM's recently announced Rs120 billion relief package, he said the government had already announced a concession of Rs5-7 on every electricity unit to be consumed more than the previous year’s consumption during November to February. In August, the industry recorded a growth of over 12% and companies’ profits by 21%. He said according to the latest data, the country’s cotton crop increased by 81% during the last four months. He said that due to increasing income, tax collection also surged with a 32% increase in four months, resulting in the government receiving an additional Rs151 billion compared to last year. He said consequent to the government’s timely measures, the non-oil imports of the country reduced by 12.5% last month making a difference of $750 million.
