LAHORE, Pakistan: The Interior Minister Ahsan Iqbal on Saturday ruled out any confrontation among state institutions, saying some people wanted to create misgivings to propel their political agenda.
Speaking to media men after attending International Business Conference and Exhibition at Expo Centre in Lahore, Ahsan Iqbal said the Country’s economy had suffered a lot owing to political developments in the past four years. He claimed the Panama Papers scandal inflicted a loss of around $40 billion on stock market.
The minister said the Country’s economy had collapsed in year 2013 when no one was ready to invest in Pakistan but now it was making progress, and hoped if it continued to progress at the current pace, the Country would be among the world’s 20 largest economies by 2025. He said all economic indicators were showing positive improvements.
Ahsan Iqbal said consistency in economic policies was indispensable for the progress of the Country, and also predicted that Asia would make up 50 percent of the world economy by 2025.
Referring to the criticism on the government over borrowing loans, the minister said loans had been taken for the development of the Country. He said without stability and peace, development was not possible.
While talking about next general elections, the interior minister said the polls would be held at scheduled time in 2018.
Earlier, the minister addressed at the inaugural session of 2nd International Business Conference and Exhibition. He said perpetrators of doom and gloom were not sincere with Pakistan.
The interior minister said while international institutions had been giving credit to Pakistan for economic reforms and progress, it was unfortunate that some talk shows were portraying a negative picture of the Country.
