Pakistan, Feb. 16 -- Sir, recently, Minister for Revenue Hammad Azhar stated some positive points on the economic prosperity of Pakistan. In his media conference, he said that Pakistan received foreign direct investment worth $1.72bn whereas this has never been in the previous five years.
But he blamed ousted PML-N government saying that circular debt had crossed Rs 1,000 billion. In 2016-17 Financial Year, it shows that the loss of public sector increased with Rs 150bn to Rs453bn. The result is that if one examines the data from July last year, the trade deficit reduced by five percent, whereas in December alone it fell by 18 per cent.
However, Pakistan's imports were growing at a rate of 15 percent, whereas now imports have witnessed ne...