Islamabad (HIT) Policy Reforms neutral think tank Institute (IPR) has claimed that the current government to deceive the public, carefully presented false data. The company says the federal statistics to reduce inflation and growth rates (growth rate) to increase the data is manipulated. The growth rate was 4.1 percent, and claimed that it is the highest in the last six years, but the rate is only 3.5% and the lowest in the last four years. Large Scale Manufacturing (LSM) data presented in the eight months to nine months, although figures were present. The company says the LSM rate is only 4.3 per cent to 5.3 per cent, but the government has shown it. The company added that the government claimed that its growth in the construction sector was 11.3 per cent, but the 4.2 percent increase in demand for cement. Cement construction sector is the most important entity but only 4.2 per cent increase in demand, so that the construction sector's growth rate of 11.3 percent is incorrect. Similarly, the Department of Banking and Insurance will be offering the wrong data. Banks profit decreased by 15%, while the Economic Survey reported 5.2 percent growth in the banking sector, while in fact it is negative.
Islamabad (HIT) Policy Reforms neutral think tank Institute (IPR) has claimed that the current government to deceive the public, carefully presented false data. The company says the federal statistics to reduce inflation and growth rates (growth rate) to increase the data is manipulated. The growth rate was 4.1 percent, and claimed that it is the highest in the last six years, but the rate is only 3.5% and the lowest in the last four years. Large Scale Manufacturing (LSM) data presented in the eight months to nine months, although figures were present. The company says the LSM rate is only 4.3 per cent to 5.3 per cent, but the government has shown it. The company added that the government claimed that its growth in the construction sector was 11.3 per cent, but the 4.2 percent increase in demand for cement. Cement construction sector is the most important entity but only 4.2 per cent increase in demand, so that the construction sector's growth rate of 11.3 percent is incorrect. Similarly, the Department of Banking and Insurance will be offering the wrong data. Banks profit decreased by 15%, while the Economic Survey reported 5.2 percent growth in the banking sector, while in fact it is negative.
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