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Economic Strength Vital for National Security, Defence: PM

Islamabad (TDI): Prime Minister (PM) Shehbaz Sharif on Thursday said that Pakistan’s stock market surpassing the 100,000-point milestone as a significant achievement.

He attributed this success to the strong collaboration between the federal government and key stakeholders, viewing it as a vital step in the country’s economic recovery.

While acknowledging the sharp decline in the stock market following recent protests, the Prime Minister praised its swift rebound, emphasising the importance of cooperation in driving Pakistan’s economic progress.

Shehbaz Sharif also stressed the strong connection between national security and economic stability.

He noted that the recent protests, which saw thousands of armed individuals march towards Islamabad, caused one of the steepest declines in the stock market’s history.

Also Read: Normalcy Returns as PTI Ends Protest in Capital

The PM underscored that economic strength is essential for enhancing national security, particularly by boosting exports, which in turn strengthens both the economy and national defence.

Also Read: Global Stocks Climb Amid US Election Watch

While recognizing the slow pace of economic recovery over the past decades—due to various factors, including ineffective policy implementation—he remained hopeful about the country’s future.

Despite the challenges, including the close call with default in June 2023, PM Sharif urged continued efforts to overcome economic hurdles and build a more prosperous future for Pakistan.

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