ISLAMABAD: Prime Minister Shehbaz Sharif on tuesday stressed need for charter of economy” put the country back on in path to progress and prosperity, saying that economic stability is interconnected with political stability.
Appeal to businessmen during the pre-budget there was a conference in Islamabad, Prime Minister Shahbaz stressed that he is asking for balanced and integrated approach for economic turn.
confirming his call for charter of Economy, said it’s time for all concerned joined hands to formulate the unchanging policy framework for make the country agrarian and export-oriented growth.
The conference brought together agronomists, information technology experts, businessmen, investors and farmers from all over the country, who share your suggestions with in government related to their respective areas.
“All of us have to move together. government will need guidance from stakeholders and experts. government will form a task force on agriculture and export for development of a comprehensive plans,” he said.
prime minister said that due to limited time, the acting government focused on short and mediumterm plans.
Referring to the successful economic growth of Bangladesh, he said, being rich with vast resources, human talent and dedication, Pakistan can also achieve excellence thanks to efficiency and modern technology.
He thanked the experts for giving your input on time over six-hour long session.
prime minister said due to non-performance of plansPakistan lagged behind behind while other nations like India has succeeded in following its development plans.
He said in In 1991, the Pakistani rupee was stronger than the Indian currency, but in in current scenario, there was no comparison between them. pakistan lagged behind behind because the development plans remained unfulfilled, added.
“It up to government fulfill these suggestions. We need to convert them to reality. This will not be implemented until there is political stability,” he said.
prime minister called for provision of modern equipment in villages to improve living standards of in people and discourage mass urbanization.
He said that the idea of Danish schools also served the same purpose of providing quality education to students living in in rural areas.
Shehbaz Sharif says agriculture can turn Pakistan around by boosting crop yields of cotton, wheat and other crops, and mentioned the country’s $4.5 billion import bill. of palm oil, which may reduced through local production.
He said that although the provinces received maximum chunk of NFC (National Financial Commission) award after the 18th amendment, the federation could make a comprehensive plans in cooperation with provinces.
He told the audience that despite the passage of years, people of Gwadar were deprived of drinking water and electricity. “It how nation made? he asked and said that the deep-water port also loses its depth for silting that will affect movement of heavy ships.
He said that being an agricultural country, Pakistan would import three million tons of wheat during current year. prime minister also lamented the unnecessary delay in completion of in last of four LNG plants initiated by PML-N government which the should have been completed in March 2020.
“We should give incentive for the development of an export-oriented industry. It’s all about integration. government will focus on improvement of export to bring in employment and prosperity,” he commented.
Coming to foreign policy said acting government It was still repairing ties with friendly countries including China and Turkey as their projects faced unnecessary obstacles in in past.
He said in To increase exports, need create export industrial zones where the land should be provided to industrialists without any cost merit-based formula.
He said he set a goal for the Ministry of Information Technology of 15 billion IT exports within next two years when India’s information technology exports reached $200 billion.
He said in wake up of limited fiscal space available to governmentprojects of national importance should be carried out through public-private partnership, including intelligence of gas and renewable energy.
Mention of annual deficit of $2.5 billion in sick subjects, prime minister said government can save a huge amount by unloadingdead wood”.
Referring to some complex financial decisions made through the government, he said, despite knowing their political cost, coalition the parties went unanimously for in decision- production in in national interest.
He said in order support poor man people against inflation, etc. government paid Rs 2,000 to each needy family through the Benazir Income Support Program.
Call for elites to sacrifice, Prime Minister Shahbaz Sharif hinted at taxation real real estate sector and promotion of vertical construction to free the earth for agricultural use.
