ISLAMABAD: Pakistan’s information minister Chaudhry Fawad Hussain said on Wednesday the Pakistani prime minister was concerned about the economic hardships of people and was going to announce the “biggest public relief package” in the country’s history in his forthcoming address to the nation.
The country’s local media reported Prime Minister Imran Khan was expected to deliver a national address later today (Wednesday) wherein he was likely to discuss his administration’s recent deal with the banned Tehreek-e-Labbaik Pakistan religious party.
Pakistan’s annual inflation also went up by 9.2 percent in October as global commodity prices spiked, causing resentment among people and making government functionaries consider measures to bring down prices of essential items.
“[Prime Minister] Imran Khan’s top priority is to address the [economic] hardships of the nation,” Hussain said in a Twitter post. “He will go to any length to provide relief to people.”
The information minister said the prime minister would “announce the biggest public relief package in the country’s history,” adding that the measure would be a “milestone in reducing the hardships of people.”
Last week, the Saudi Fund for Development announced a royal directive to deposit $3 billion into the State Bank of Pakistan to help the South Asian nation’s ailing economy.
In addition to that, the kingdom agreed to provide $1.2 billion of deferred oil payment facility to Pakistan.
The Pakistani government is also hopeful to receive another tranche of a $6 billion bailout package offered by the International Monetary Fund soon.
