PM Shahbaz Sharif vows to drive economic growth & stability

Government of PakistanPM Shahbaz Sharif vows to drive economic growth & stability

ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has expressed the commitment to bringing economic growth and stability in the Country.

Chairing a meeting of the Federal Cabinet in Islamabad on Tuesday, he said that we have to provide productive employment and reduce expenditures, in addition to shrinking circular debt in gas and power sectors.

The prime minister emphasized the need to advance in this direction with urgency.

The prime minister also highlighted the need to control and eliminate evasion and corruption in revenue collection, as well as to end smuggling.

Shahbaz Sharif recognized that there is also seriousness and commitment towards this end, expressing the confidence that the country will achieve its destination.

Moreover, he said the requirements and conditionalities of the International Monetary Fund (IMF) will be met on time and expressed confidence that its Board will approve Pakistan’s loan program.

However, he noted that we should remember this will be the last IMF program and emphasized that the Country will stand on its own feet.

Expressing satisfaction over gradual reduction in the inflation rate, Shahbaz Sharif said that it came down to a single digit of 9.6 percent in the month of August, compared to 27 percent of the corresponding period last year.

Describing it as a very good achievement, he commended the Finance Ministry and other relevant ministries for their efforts in this regard.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Remembering Operation Zarb-e-Azb--- An action to clean terrorism from Pakistan

Pakistan’s Security Situation 2024: 444 terrorist attacks against security forces, resulting in 685 personnel...

0
Monitoring Desk: The year 2024 has proven to be the deadliest year in Pakistan in terms of security forces and civilian casualties in the...
Pakistani students participate in Harvard Model United Nations Dubai 2025

Pakistani students participate in Harvard Model United Nations Dubai 2025

0
Press ReleaseDubai, UAE: Harvard University’s International Relations Council (IRC), in collaboration with WorldView Education, organized the Harvard Model United Nations (HMUN) Dubai 2025 from...

Indian Visa Bumper Sale for Afghans

0
Monitoring Desk: After establishing a strategic partnership, India reopened the "e-Emergency X-Misc Visa" category for Afghans this week in Dubai so both countries can...
Hassan Niazi convicted for May 9 mutiny

Is there any legal justification to set up Judicial Commission on May 9 events...

0
Islamabad, Pakistan: There is a debate going on in journalistic circles about why the should government entertain the demand of PTI to set up...

The war against terrorism is ongoing and we would take it to its logical...

0
Peshawar, Pakistan: General Syed Asim Munir, Chief of Army Staff (COAS) has said that forces as well as the nation are sending a clear...
Advertisement