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Pakistan’s economic growth journey resumed: PM

Pakistan’s economic growth journey resumed: PM  

ISLAMABAD: Prime Minister Shehbaz Sharif said that after attaining stability in the country’s economy, the government had resumed the journey of economic development and growth from where it was halted in 2018.

He said Pakistan witnessed a golden era of economic development under the leadership of former Prime Minister Nawaz Sharif and today, under his leadership too, the development journey was continued.

He expressed the gratitude to the friendly and brotherly countries as Pakistan avoided the default like situation and moved towards the path of development due to their cooperation.

“The credit of significant decline in inflation and interest rate goes to the hard work by the government economic team,” he said while talking to a delegation of Pakistan Broadcasters’ Association which called on him here.

The prime minister said the relationship between government and the media was based on mutual trust.

He emphasized that the government always welcomed constructive criticism by media as it was very important to improve governance.

“The government believes in media being the fourth pillar of the state,” the prime minister said adding that there was complete freedom of expression in the country.

He expressed the confidence that “Uraan Pakistan”, a home made development project, will be made successful with cooperation of media and all other relevant stakeholders.

Similarly, he underscored that the country’s exports had been increased and industrial and agricultural sectors were also showing positive results due to the business friendly policies of the government.

As regards performance of the Federal Board of Revenue (FBR), the prime minister said the reforms actions were being implemented in the Board besides work on digitization of FBR was also continued rapidly.

He told that the faceless assessment had also been launched to improve the customs’ system. “This system will help increase tax revenues, enhance transparency and stop corruption from the sector.

He said after the launch of this system, the national exchequer was benefited due to the prevention of smuggling of petroleum products, sugar, fertilizers, and wheat.

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The increase in remittances reflects the growing trust of overseas Pakistanis in government policies, he said adding that the expansion of relationship with friendly countries and successes on the diplomatic front were also continued.

 

 

 

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