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Foreign remittances may touch $28b by June end: Farrukh

Top Story
May 25, 2021
ISLAMABAD: Minister of State for Information and Broadcasting Farrukh Habib on Monday expressed the hope that the foreign remittances would touch $28 billion mark by the end of June.
Addressing a news conference here at the National Press Club, he said the overseas Pakistanis had full trust in the leadership of Prime Minister Imran Khan and that was the reason that they were remitting money through banking channels today. During the first 10 months of the current fiscal year, he said, an amount of 24 billion dollars had already been received.
“Two months still remain and if this trend goes on with the same pace, the foreign remittances may touch 28 billion dollars by the end of fiscal year 2020-21,” the minister maintained. Farrukh Habib said some overseas Pakistanis were reluctant to send their remittances to the country through legal channels as they did not believe in the previous governments. He said, “They did not send money to th ....

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4pc GDP growth has perplexed opposition parties: Farrukh

Peshawar
May 24, 2021
ISLAMABAD: Minister of State for Information and Broadcasting Farrukh Habib Sunday said the remarkably increased 4 percent growth in the Gross Domestic Product (GDP), achieved by the PTI government under the leadership of Prime Minister Imran Khan, had totally perplexed the opposition parties.
Reacting on a statement of PPP Chairman Bilawal Zardari, Farrukh Habib said Prime Minister Imran Khan had steered the country out of a debt-ridden economy and transformed it into an export and production-oriented economy on strong footing.
He said today Bilawal and Zardari were recognised for their corrupt practices, fake accounts and money laundering. He added the Sindh government s Rs700 billion projects, which were to be executed during the current fiscal year, could not be spotted on the ground. “Perhaps these schemes are being carried out on some other planet,” he remarked. ....

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Farrukh rebuts Marriyum's claim of incorrect data on economic growth

Farrukh rebuts Marriyum s claim of incorrect data on economic growth
Published On
Farrukh rebuts Marriyum s claim of incorrect data on economic growth
ISLAMABAD (Dunya News) - Minister of State for Information and Broadcasting Farrukh Habib categorically rejected the claim of Pakistan Muslim League-Nawaz (PML-N) spokesperson Marriyum Aurangzeb that the government had released ‘wrong’ data on economic growth.
In a statement, he termed the data, released by National Accounts Committee (NAC) on the country’s economic growth, ‘realistic’, adding “If someone [opposition] has an iota of doubt on the figures, he should come forward and prove them wrong.”
The minister said days were gone when the economic growth data was tempered and the governments of various parties [which are now in opposition] came up with fudged figures to befool the public. ....

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Bilawal successor of loot, snatch politics: Farrukh

Bilawal successor of loot, snatch politics: Farrukh
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PM proved nobody can do corruption during his Govt: Farrukh Habib

PM proved nobody can do corruption during his Govt: Farrukh Habib
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