Tough decisions are reasons for inflation: Hammad Azhar

ISLAMABAD: Tough decisions taken by the incumbent government are main reasons for inflation prevailing in the country, said Hammad Azhar, Federal Minister for Economic Affairs on Tuesday.

The government has been enduring that resulted from flawed policies of the previous governments of the Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples’ Party (PPP), Azhar said while speaking on the floor of the Lower House of the Parliament.

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He said that the inquiry report into the wheat and sugar crisis will be made public, adding that the prices of sugar and wheat have started decreasing.

The minister said that the gas and electricity crisis were a fallout of the past government’s projects.

Hammad Azhar said that the country was heading towards default when PTI came into power, adding that the local currency was under pressure and country’s foreign reserves had depleted.

“The PTI government has been making up for the deficits that resulted from flawed policies of the previous governments due to which the government had to make tough decisions,” he said.

The minister went on to say that no government makes tough decisions out of happiness but under compulsion.

Read more: Currency devaluation added to inflation, lowered purchasing power: Fehmida Jamali

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