‘Charter of economy offer, adopting austerity measures’

PM address: 75th Independence Day shehbaz optimistic good days about to come

Latest Aug, 14 2022
‘Charter of economy offer, adopting austerity measures’
  • 375
  • 0

Islamabad: Prime Minister Shehbaz Sharif addressed nation on Saturday night and renewed his offer of a charter of economy. He said, "It is need of time that we as a nation continue our course in right direction and don't allow national interest to be sacrificed at altar of personal ego and stubbornness."

He said government had committed itself to taking country on path of economic independence, adding that a "conception of freedom" without former was impossible.PM credited government's economic policies, such as clamping down on unnecessary imports, for rupee's continuous appreciation against dollar. "By adopting austerity, we will depend on our own resources like self-independent nations." He said government had "worked hard day and night" to take country out of current economic crisis in a short time, because of which country was saved from financial default.

PM blamed PTI government's economic policies and decisions for much of country's woes, adding that it left country's biggest trade deficit in history for which loans had to be taken from allied nations and international financial institutions. "Is this real freedom?" He alleged previous government's created financial crisis had made situation more "critical".

Prime Minister paid tribute to those who sacrificed their lives for Pakistan's establishment and congratulated every Pakistani around world. However, he said "reality" was that people had only celebrated Independence Day in name for last 75 years, instead of adopting its "real aims". "That is why my heart is distressed. We must openly admit that we couldn't give our children that of which they were rightfully deserving." Prime Minister said country also faced a crisis of sentiments, explaining that "seeds of hate" were being sown and nation was being divided. Despite that, he said country's past was filled with examples of pulling through with hard work and passion, such as establishment of Pakistan or completion of nation's nuclear programme.

Published in The Daily National Courier, August, 14 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Desk
NC Desk https://www.dailynationalcourier.com/author/nc-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

PM Shehbaz to visit Uzbekistan to strengthen bilateral relations

ISLAMABAD: Prime Minister Shehbaz Sharif will undertake a significant two-day official visit to Uzbekistan on February 25-26, 2025, at the invitation of President Shavkat Mirziyoyev, the Foreign Office announced on Monday. The visit aims to reinforce...

FinMin urges open-minded approach to cryptocurrency in Pakistan

KARACHI: Finance Minister Muhammad Aurangzeb has urged authorities, including the State Bank of Pakistan (SBP), to adopt an open-minded approach towards cryptocurrency, considering the rapid advancements in digital banking and financial technology in...

Pakistan Azerbaijan set $2b bilateral investment target

BAKU: Pakistan and Azerbaijan have agreed to enhance bilateral investment up to $2 billion in mutually beneficial projects, further strengthening their economic partnership. The decision was made during a meeting between Prime Minister Shehbaz Sharif...

Add IG Odho inaugurates Actress Asma Saif’s new restaurant “Creek Bites”

KARACHI: The new restaurant “Creek Bites” by renowned television actress Asma Saif, "CREEK BITES" at Creek Walk, Zulfiqar Avenue, Khayaban-e-Iqbal Phase 8 DHA.  it was inaugurated in by Additional IG Police Karachi, Javed Alam Odho....

More like this
Related

ECC bans export of sugar

Islamabad: Economic Coordination Committee (ECC) of Cabinet has imposed ban on export of sugar. According to Ministry of Finance officials, this decision aims to curb escalating sugar prices domestically. Chaired by caretaker Finance Minister Dr. Sha...

PPP CEC decides to advocate general elections in 90 days

KARACHI: Pakistan Peoples’ Party Central Executive Committee decided to advocate organisation of general elections in 90 days.Bilawal Bhutto Zardari chaired session of PPP CEC to make key decisions including general elections and consultations...

PTI reiterates call for election within 90 days

ISLAMABAD: Pakistan Tehreek-e-Insaf has urged electoral watchdog to drop process and conduct polls with 90 days. Both parties made their position clear when ECP officials met them as part of its consultations with major political parties on election...

Bilawal, UN Secy Gen discuss revival of Black Sea Grain Initiative

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari held telephone conversation with United Nations Secretary General Antonio Guterres and shared Pakistan’s perspective on stalling of Black Sea Grain Initiative (BSGI) and its implications for fo...
Need Help? Chat with us