Prime Minister Imran Khan announced the largest welfare program in the history of Pakistan
ISLAMABAD (Daily Pakistan Online): Prime Minister Imran Khan has said that he is presenting the largest 'welfare program' in the history of Pakistan. I am happy to be presenting the largest welfare program in the history of the country. I pay tribute to the team of Ehsas Program who compiled the data of the whole of Pakistan in three years.
Addressing the nation, Prime Minister Imran Khan said that under the Welfare Program, a package of Rs. 120 billion for 20 million families is being announced which will benefit about 130 million Pakistanis. Under this program, flour, ghee and pulses Will be given 30% subsidy which will continue for six months to get out of difficult times, the duration of this package can be further extended, besides 12 million families are benefiting under Ehsas program, Successful Pakistan The program has a funding of Rs. 1400 billion from which 4 million families will be given interest free loans so that they can build houses, farmers and businessmen will be given interest free loans of Rs. 5.5 million.
The Prime Minister said that when we got Pakistan, Pakistan's deficit was the highest, loans were the highest and interest had to be paid the most on these loans. When we got the government, the economic situation was very bad. During Corona, eight billion rupees were spent to save the economy. Not only Pakistan but the whole world has been affected by Corona virus. Due to difficult circumstances, we had to go to the International Monetary Fund (IMF). We have so many dollars. Because of which we had to contact the IMF.
"We spent the first year stabilizing the economy and then Corona came. We are grateful to Saudi Arabia, the United Arab Emirates and China for helping us, to avoid bankruptcy because of their cooperation," he said. It would have been very expensive. If there was a curfew in India, we would have been under a lot of pressure. Why don't you impose a lockdown? Poverty in India has increased due to the lockdown. Spent زار 4,000 billion, we spent just ارب 8 billion to fix our economy, the highest inflation in the United States and Europe since 2008, the highest in China in 26 years and the highest in Germany in 50 years. Has happened
The Prime Minister said that Pakistan fought Corona better, the world praised us for handling Corona better, there was a fear that if Corona cases increased, the situation would get worse. Saving the economy, Corona's fears were that people would lose their jobs. In the last 100 years, the crisis has not been as severe as the Corona epidemic, which has affected countries all over the world, including Pakistan. Played a significant role and continued economic activity on a limited scale through Smart Lockdown.
PM Imran Khan said that there is a problem of inflation, the job of the opposition is to criticize and criticism benefits, today petrol in Pakistan is the cheapest in the whole region, in three to four months oil prices have also increased by 100%. But our country has increased by 33%, petrol is Rs 250 per liter in India, oil is Rs 250 in India, Rs 200 in Bangladesh and Rs 138 in Pakistan, our deficit is increasing, I am already saying that in the country Petrol prices will have to be increased, global commodity prices have gone up by 50 per cent and Pakistan by nine per cent. Global ghee prices have doubled.
He said that sales of vehicles have increased by 131%, this time in agriculture sector it has gone up to Rs 1100 billion, rice production is 13.4%, wheat and maize production has also increased, tax collections have increased by 37%, large scale. Manufacturing has increased by 13%, construction sector is running at Rs 600 billion, IT sector has increased by 47%, health insurance has been given to all citizens of Khyber Pakhtunkhwa, all families of Punjab by March. We will provide health insurance.
