State minister terms robust auto sales as ‘sign of economic stability’

Minister of State for Information and Broadcasting Farrukh Habib on Saturday said there has been a surge in sales of the auto sector which clearly indicates that the country has a stable economy.

In the first seven months of the ongoing fiscal year, sales of car increased by 61.5 per cent, trucks by 80 per cent, jeeps and pickups by 56 per cent, and farm tractors by 16 per cent, he said in a tweet while highlighting robust sales.

آٹو سیکٹر میں زیادہ فروخت ہونا معیشت مستحکم ہونے کی واضح دلیل ہے۔مالی سال کے7مہینوں میں کاروں کی فروخت میں61.5فیصد، ٹرکوں کی80 فیصد، جیپ/پک اپ کی 56% اور فارم ٹریکٹرزکی فروخت میں 16 فیصد اضافہ ہوا ہے۔اس مدت میں مجموعی فروخت 131,759 یونٹس رہی جوگزشتہ مالی سال میں 81,569 یونٹس تھی۔ pic.twitter.com/Pub1wMCRYk

— Farrukh Habib (@FarrukhHabibISF) February 12, 2022

The minister said overall automobile sales stood at 131,759 units during the seven months which were 81,569 units in the previous financial year.

Further, addressing a ceremony at Governor House in Lahore earlier in the day, the state minister said the government wants to fortify ‘ press freedom’ in the country.

He said the incumbent government passed the media bill aimed at providing a safe atmosphere to the journalist community.

He assured reformation will be brought in media-related laws and the journalist community’s proposals in this regard will be welcomed.