Improving economy, living standards main mission for govt: Asad Umar

ISLAMABAD: The nominated Finance Minister Asad Umer has said that improving the living standards of people and the economy is the main mission of Pakistan Tehreek-e-Insaf’s (PTI) democratically elected government.

Talking to a news channel, he said it was a big challenge for the PTI government to ensure the provision of all basic amenities of life to the masses.

“We will have to create job opportunities for unemployed youth, “ he said.

Pakistan’s current rate of unemployment (as per the first quarter of 2018) hovers around 6 per cent, which essentially means that out of the 200 plus million people living in the country, more than 12 million of those people are not in the workforce and therefore by not contributing to the Gross Domestic Product (GDP), are not a productive part of the economy.

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“We will improve the economy and Pakistan according to the wishes of the masses, “ he said. “No nation could make progress without a strong economy”, he added.

To a question, he said the journey for changing the fate of Pakistan was going to now begin.

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2 COMMENTS

  1. “Pakistan’s current rate of unemployment (as per the first quarter of 2018) hovers around 6 per cent, which essentially means that out of the 200 plus million people living in the country, more than 12 million of those people are not in the workforce…”

    Seriously? Is that how you calculate the rate of employment?

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