Pakistan
PM Shehbaz says govt pursuing Economic Reforms Agenda
Prime Minister (PM) Shehbaz Sharif has reiterated the government’s commitment to pursuing economic reforms to address the prevailing economic and political challenges facing Pakistan.
Cabinet Meeting Highlights
- PM Shehbaz Sharif presided over a federal cabinet meeting in Islamabad, where he highlighted the positive trajectory of Pakistan’s economy, as reported by international financial institutions and journals.
- He credited the incumbent government’s prudent policies for the:
- All-time high IT exports
- Surge in foreign remittances and overall exports
- Increase in foreign investment from friendly countries, including Saudi Arabia
- The government is implementing a comprehensive policy to reduce electricity theft and lower prices.
- PM Shehbaz Sharif emphasized the need for difficult decisions to safeguard the country’s interests.
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Track and Trace System Criticism
- PM Shehbaz Sharif termed the Track and Trace System introduced in 2019 as a “complete fraud and cruel joke.”
- He vowed to take stern action against those responsible for inflicting losses on the national economy.
Economic Reforms Agenda
The government is committed to pursuing economic reforms to steer Pakistan out of its current challenges.
The PM’s statement highlights the progress made so far and the need for continued efforts to ensure economic stability and growth.
