{"id":69172,"date":"2020-08-12T14:25:35","date_gmt":"2020-08-12T09:25:35","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69172"},"modified":"2020-08-12T14:25:37","modified_gmt":"2020-08-12T09:25:37","slug":"declining-deficit-proof-govt-policies-paying-dr-shaikh","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/declining-deficit-proof-govt-policies-paying-dr-shaikh.html","title":{"rendered":"Declining deficit, improving indicators proof govt policies paying off: Dr Shaikh"},"content":{"rendered":"\n<p>Islamabad: Adviser to the Prime Minister (PM) on Finance Dr Abdul Hafeez Shaikh stated during a briefing to the Federal Cabinet that during the incumbent government\u2019s two years in office, the country&#8217;s current account deficit had declined from USD 20 billion to USD 3 billion; while its foreign exchange reserves had risen from USD 8.5 billion to USD 12.5 billion \u2014 a news source reported on August 11.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pakistan-adopt-make-pakistan-policy-dawood.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan to adopt \u201cMake in Pakistan\u201d policy: Dawood<\/a><\/p>\n\n\n\n<p>Minister for Information and Broadcasting Senator Shibli Faraz briefed the media on the cabinet meeting. He stated that approximately 15 million families had benefited from the Ehsaas programme so far, and that subsidies had also been provided to utility stores in order to ensure that necessary items remained within an affordable price range.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-reforms-soon-revive-economic-activity-sbp-governor.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt reforms will soon revive economic activity: SBP Governor<\/a><\/p>\n\n\n\n<p>He also talked about the historic construction-industry incentive package that is expected to generate tens of thousands of jobs and also provide affordable housing. In addition, he pointed out the fact that during July, the country had recorded USD 2 billion in exports, as compared to the USD 1.2 billion figure recorded during July 2019 \u2014 with this rise leading to Pakistan\u2019s ratings being improved by various international agencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Adviser to the Prime Minister (PM) on Finance Dr Abdul Hafeez Shaikh stated during a briefing to the Federal Cabinet that during the incumbent government\u2019s two years in office, the country&#8217;s current account deficit had declined from USD 20 billion to USD 3 billion; while its foreign exchange reserves had risen from USD 8.5 billion to USD 12.5 billion \u2014 a news source reported on August 11. Read: Pakistan to adopt \u201cMake in Pakistan\u201d policy: Dawood Minister for Information and Broadcasting Senator Shibli Faraz briefed the media on the cabinet meeting. He stated that approximately 15 million families had benefited from the Ehsaas programme so far, and that subsidies had also been provided to utility stores in order to ensure that necessary items remained within an affordable price range. Read: Govt reforms will soon revive economic activity: SBP Governor He also talked about the historic construction-industry incentive package that is expected to generate tens of thousands of jobs and also provide affordable housing. In addition, he pointed out the fact that during July, the country had recorded USD 2 billion in exports, as compared to the USD 1.2 billion figure recorded during July 2019 \u2014 with this rise leading&hellip;<\/p>\n","protected":false},"author":57,"featured_media":60553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15153],"tags":[28518,10620,36832,36833],"persona":[],"class_list":{"0":"post-69172","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-trade","8":"tag-advisor-to-the-prime-minister-pm-on-finance-dr-abdul-hafeez-shaikh","9":"tag-current-account-deficit","10":"tag-declining-deficit","11":"tag-improving-indicators-proof-govt-policies-paying-off-dr-shaikh","12":"cat-15153-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Declining deficit proof govt policies paying off: Dr Shaikh - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Adviser to the Prime Minister (PM) on Finance Abdul Hafeez Sheikh stated during a briefing to the Federal Cabinet that during the incumbent government\u2019s two years in office, the country&#039;s current account deficit had declined from USD 20 billion to USD 3 billion; while its foreign exchange reserves had risen from USD 8.5 billion to USD 12.5 billion \u2014 a news source reported on August 11.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/declining-deficit-proof-govt-policies-paying-dr-shaikh.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Declining deficit proof govt policies paying off: Dr Shaikh - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Adviser to the Prime Minister (PM) on Finance Abdul Hafeez Sheikh stated during a briefing to the Federal Cabinet that during the incumbent government\u2019s two years in office, the country&#039;s current account deficit had declined from USD 20 billion to USD 3 billion; while its foreign exchange reserves had risen from USD 8.5 billion to USD 12.5 billion \u2014 a news source reported on August 11.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/declining-deficit-proof-govt-policies-paying-dr-shaikh.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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