12 million people are expected to be Jobless this year

12 million people are expected to be Jobless this year

Economist and former finance minister Dr. Hafiz Pasha has said that 12 million people are expected to be jobless this year. Hafiz Pasha has said that last year 10 lack people lost their jobs and become jobless in two years almost 22 million people are expected to become jobless.

In an interview to a private TV channel also told that the GDP growth was misrepresented last year, He said that the GDP growth was 3.3% last year instead of 1.9%. Last year the government borrows 3000 billion rupees from the state bank.

Must Read: The Government will take a loan of Rs 1900 billion More by July

He said that it was included in the term and conditions of IMF that the government cannot take a loan from the state bank. Before ending the year 2019 the government also take a loan of 1200 billion rupees in advance from the state bank.

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