ISLAMABAD: Prime Minister Imran Khan on Saturday said that profits of listed businesses have grown and this shows that the economy is witnessing growth and creating jobs.
In a message from his Twitter handle, Imran Khan said that profits of listed businesses have grown 59 percent year-on-year basis for the first nine months despite Covid-19 challenges.
“This shows our economy is witnessing strong growth and creating jobs,” he said and added that he is hopeful that the businesses and employers will share these gains with their employees.
Earlier on Friday, Finance Minister Shaukat Tarin had said that Pakistan’s stock market had claimed the highest profit of the previous 10 years in 2021.
In a message from his Twitter handle, Tarin had shared a graph from the Securities and Exchange Commission of Pakistan (SECP), showing year-on-year growth of profits in the stock market after taxes.
He had said that the stock market had secured aggregate profits of Rs258 billion in 2021, the highest ever during the last 10 years.
Adviser to PM on Political Communication Shahbaz Gill had also commented on the report and said that the statistics shared by the finance minister were meant for those who launched propaganda on the decline of the economy in the country.
He had said in a message from his Twitter handle that other than an aggregate Rs258 billion profits, the overall volume of trade in the PSX had remained highest as compared to the last four years.
