December 07, 2024
ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday congratulated the nation on the weekly inflation rate further dropping to 3.57%, marking its lowest level in the last six years.
The prime minister issued a statement reiterating the federal government's commitment to measures aimed at the economic turnaround.
"With the grace of Allah Almighty and the efforts of the economic team inflation had dropped to its lowest level in the last six years," said PM Shehbaz.
Since October 4, 2018, the price index had been recorded at its lowest level today, PM Office, in a statement, quoted the prime minister as saying.
Compared to the same corresponding period in last year, inflation had decreased by a significant 39.11% this week, which was a result of the hard work of the economic team, adding that he remained committed to every promise he made to the people.
“I had vowed to work day and night to alleviate the hardships of the people. As the servant of Pakistan, I remain steadfast to all the promises I have made,” the PM further maintained.
The prime minister highlighted that they were taking steps to provide employment, promote industrial growth, and increase foreign investment.
PM Shehbaz, in the statement, said that the country was rapidly moving toward progress after achieving economic stability. He added that the surge in remittances, growing investment from the friendly countries and the strengthening of diplomatic relations reflected Pakistan’s journey toward development.
The prime minister opined that their political sacrifices for the development and prosperity of the country had not gone in vain as all the stakeholders were playing their positive role in this journey of progress and prosperity.