Sincere efforts underway to revive economy: PM

Business Apr, 12 2023
Sincere efforts underway to revive economy: PM
  • 183
  • 0

ISLAMABAD: Prime Minister Shehbaz Sharif said that sincere efforts are underway to revive economy. In series of tweets on occasion of completion of his one year in office, Prime Minister said despite economic landmines laid by Imran Khan, disruptions in global fuel and food supply lines, Pakistan’s economy has continued to stay afloat.

Prime Minister said all predictions of default have turned to be false alarms. He said coalition government has been at pains to repair, rebuild and deepen Pakistan’s diplomatic relations that were dealt severe blow by Imran Khan’s regime. Prime Minister said over last one year, we have largely succeeded in establishing Pakistan’s credibility as partner and friend. Shehbaz said Pakistan faced unprecedented floods last year. Decisiveness, with which government undertook rescue, relief and rehabilitation efforts, provided social protection to millions of people and mobilized international community has been acknowledged by world as outstanding.

He said coalition government employed climate diplomacy to present Pakistan’s case on international stage.

He said as Chair of G77 plus China, we were instrumental in establishment of loss and damage fund. Pledges of nine billion dollars at Geneva moot are evidence of our successful diplomacy.

He said in last one year, we have made efforts to diversify energy mix with an aim to provide relief to citizens. Renewed focus on solar, hydel, and coal power projects is aimed at replacing the costlier sources of power generation with cheaper ones.

Shehbaz said under watch of PDM government, Pakistan managed to exit FATF grey list. He thanked military leadership for sustained efforts and support in this regard.

Prime Minister said passage of No-Confidence Vote against Imran Niazi’s government was unprecedented not because PDM came into power, but because almost all of Pakistan’s political forces came together to use forum of Parliament to vote out an unpopular government through constitutional means.

Published in The Daily National Courier, April, 12 2023

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

Our Correspondent
Our Correspondent https://www.dailynationalcourier.com/author/our-correspondent
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

PCMD inks MoU with Ziauddin University

KARACHI: The Dr. Panjwani Center for Molecular Medicine and Drug Research (PCMD), part of the International Center for Chemical and Biological Sciences (ICCBS) at the University of Karachi, has entered into a Memorandum of Understanding (MoU) with th...

ACPK’s “Awami Theater Play” stages Balochi Drama “Wash Rang”

KARACHI: Arts Council of Pakistan Karachi’s 21-day “Awami Theatre Festival” is underway with great enthusiasm. On the festival’s fifth day, the Balochi drama “Wash Rang” (“Beautiful”) was performed at...

PVMA celebrates Atif Ikram Sheikh’s appointment as CACCI Vice President

KARACHI: The Pakistan Vanaspati Manufacturers Association (PVMA) has extended its heartfelt congratulations to Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), on his recent election as Vice Presid...

Meta supports Pakistani creators in Karachi to inspire new wave of content

KARACHI: Meta connected with content creators in Karachi through various engagements starting with an event on November 6 that brought together around 40 creators from across Pakistan. Throughout the week, Meta worked with popular creators like Food...

More like this
Related

Meta supports Pakistani creators in Karachi to inspire new wave of content

KARACHI: Meta connected with content creators in Karachi through various engagements starting with an event on November 6 that brought together around 40 creators from across Pakistan. Throughout the week, Meta worked with popular creators like Food...

Gold price rises by Rs1,400/tola

KARACHI: After a sharp decline in the previous session, gold prices in Pakistan saw a notable rebound on Wednesday, tracking the upward movement in international rates. The price of gold per tola rose by Rs1,400, settling at Rs271,900 in the local m...

Pakistani rupee appreciates marginally against USD

ISLAMABAD: The Pakistani rupee showed a slight improvement against the US dollar on Wednesday, gaining 0.03% in the inter-bank market. At the close of trading, the rupee settled at Rs277.85, marking an increase of Re0.08 compared to the previous day...

KSE-100 ends marginally higher amid volatile trading

KARACHI: The Pakistan Stock Exchange (PSX) saw volatile trading on Wednesday, with the KSE-100 Index closing with a modest gain of 131 points. After starting the session in the red, the index hit an intra-day low of 92,943.08 points. However, a wave...
Need Help? Chat with us