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Food inflation on a constant decline, says Fawad

Food inflation was on constant declining trend, says Fawad

Minister for Information and Broadcasting Fawad Chaudhry. Image: File

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Tuesday said that the country was close to achieving the textile export target of $20 billion and food inflation was on a constant declining trend sans receiving any media coverage.

In a tweet, he said the prices of sugar, onion and tomato were on a constant declining trend but such good news had failed to draw media’s attention due to their bizarre logic of – “people were not interested in such news”.

The minister said the country had achieved over 9 million tons of bumper crop rice during the current season owing to policy interventions and incentivising local farming communities. The record rice production of this year has endowed the country to earn 4.75 billion dollars from its exports.

The series of good news continues to pour in as Pakistan has also won a cricket test match against Bangladesh after victory in the T-20 series against Bangladesh. Pakistan’s victorious return to world cricket was a great achievement, he added.

Also read: Fawad demands apology from designer, model for hurting Sikh community’s sentiments

Earlier this week, Minister for Information and Broadcasting Chaudhry Fawad Hussain shared three news with the nation.

Fawad, in a tweet, shared that the Petroleum Dealers Association had called off their strike after successful negotiations with the government.

He also shared that Saudi Arabia has announced to operate direct flights from the country.

Fawad further added that all legal requirements to receive the $3 billion dollars from the kingdom will be completed during the week.

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