PTI’s 4 finance ministers and the inflation pattern

PTI’s 4 finance ministers and the inflation pattern


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Petrol costs on the document excessive of Rs137.79 per liter

SAMAA |
TV – Posted: Oct 19, 2021 | Final Up to date: 22 minutes in the past

Posted: Oct 19, 2021 | Final Up to date: 22 minutes in the past

The PTI-led authorities has appointed Shaukat Tarin as an adviser to the prime minister on finance, as his six-month tenure as finance minister ended. This takes the depend of finance ministers to 4 throughout the three years of the Pakistan Tehreek-e-Insaaf authorities.

The inflation fee has constantly risen when Asad Umar, Dr Abdul Hafeez Sheikh and Shaukat Tarin held the portfolio.

Asad Umar chaired the finance ministry for 9 months – between August 2018 and April 2019. The inflation fee elevated from 5.8% to eight.3%. Petrol costs elevated up by Rs3.64 per liter, whereas sugar costs shot up by Rs11 per kg.

The duty was then handed over to Dr Abdul Hafeez Sheikh. He was appointed because the finance minister in April final 12 months and chaired until March this 12 months. The inflation fee was recorded at 14.6%. Petrol costs have been up by Rs13 per liter. Ghee was priced doubled from 150 to Rs300 per kilogram.

Hammad Azhar chaired the finance ministry for under a month.

Shaukat Tarin was appointed Pakistan’s fourth finance minister in April this 12 months. The inflation fee was recorded between 9% and 11%. Petrol costs have been shot up by Rs29.23 a liter, taking it to the document excessive of Rs137.79 per liter.

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