Finance Minister Shaukat Tarin says Pakistan has stood in the top three in the Economist normalcy index for the third consecutive time. The global normalcy index of the Economist has ranked Pakistan second in the world that measured recovery and opening up of society and economy post-COVID-19.
In a tweet today, he said no other country has achieved this in the world. The same is reflected in the revised GDP growth of 5.37 percent in FY21, the second-best in the last 14 years. He said the government is moving on with structural changes, inclusive growth and policy actions.
He pointed out that Bloomberg has also recognized that Pakistan has entered the decade of sustained growth. The Minister said the next ten years will help reduce income disparity, increase employment and improve human development.
It was stated by Minister for Planning and Development, Asad Umar from his Twitter handle, who – in sharing the index report - said Pakistan was 3rd in the first evaluation and number one in the second. He said Pakistan is the only country in the world to be among the top 3 in all three rankings.
Earlier, Prime Minister Imran Khan had said the inflation was a temporary phenomenon that would start coming down in a few days. Addressing a launching ceremony of the National Small and Medium Enterprises (SME) Policy, the prime minister said that there is inflation in the country but the steps taken by the incumbent government to mitigate inflation would show positive impacts in the coming days.
