National News

Govt put national economy on right track during last three years: PM

LAHORE, Oct 8 (APP): Prime Minister Muhammad Nawaz
Sharif Saturday said that during last three years, the
Pakistan Muslim League-Nawaz government has put the national
economy on right track.
Chairing a high level meeting at Governor House here,
the prime minister said the national economy was getting
stable and today’s Pakistan was economically stronger and
safer than that of 2013.
The meeting was also attended by Governor Malik Rafiq
Rajwana, Chief Minister Punjab Shahbaz Sharif, Finance
Minister Ishaq Dar, Planning Minister Ahsan Iqbal, Water and
Power Minister Khawaja Asif, Commerce Minister Khurram
Dastgir, renowned businessmen and officials of the departments
concerned.
He said the government had introduced fundamental
reforms to attract more investment as a smooth business system
would bring in more investment ultimately creating more
employment opportunities.
Nawaz Sharif said in consultation with the business
community, the government would facilitate the investors and
emphasized the need to work harder for country’s progress and
prosperity.
He told the participants of the meeting that China
Pakistan Economic Corridor was a gigantic project to usher
Pakistan’s prosperity.
He said out of $46 billion being invested by China, $35
billion would be spent only on power projects which after
completion, would not only help overcome load-shedding but
also provide low-cost electricity.
He said work on various development projects was going
on with swift pace under CPEC in Balochistan, Sindh, Khyber
Pakhtunkhwa and Punjab. Gwadar Port and Gwadar Airport are
also being developed in Balochistan, he added.
The prime minister viewed that not only the people of
Pakistan but the whole region would get benefit from the CPEC
projects what he said was monitoring personally.
He hoped that the Corridor would also lead to the
elimination of extremism, poverty and unemployment from the
region.
He said no other country but China had ever made such a
heavy investment in Pakistan.
Country’s renowned businessmen reposed their full
confidence in the steps being taken for promotion of business
opportunities in Pakistan, under the leadership of Premier
Sharif.
They viewed that the PML-N government had introduced the
best reforms in various sectors for uplift of the national
economy.