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Tuesday, December 10, 2024
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Economy and Security Interconnected: PM

Islamabad (TDI): Prime Minister Shehbaz Sharif emphasized the critical link between Pakistan’s economy and national security in the 26th Security Workshop at the National Defence University in Islamabad.

He stated that economic stability—characterized by growing exports, a strong industrial base, and an efficient bureaucracy—directly contributes to national security.

Sharif explained that strengthening economic security would automatically enhance the country’s overall security.

The Prime Minister expressed optimism about Pakistan’s economic future, pointing to the stock market’s recent achievement of surpassing the 100,000-point mark.

He also introduced plans for a “Home Grown Plan” aimed at transforming the economy.

Despite challenges, such as terrorism in Balochistan and Khyber Pakhtunkhwa, and the threat posed by anti-Pakistan elements, Sharif underscored that economic progress and security are closely interconnected.

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Sharif acknowledged the heavy toll of terrorism on Pakistan, with 89,000 lives lost and $130 billion in economic damages.

He condemned recent violence, such as the killings in Parachinar and other terrorist incidents in the country.

On economic issues, the Prime Minister highlighted the need to boost exports to address external debt and reduce the energy sector’s circular debt, which has reached 2.5 trillion rupees.

He also emphasized expanding the tax base to curb tax evasion.

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Finally, Sharif announced a military operation in Balochistan against foreign-backed secessionist movements, ensuring the region’s prosperity and stability under the “Azm-e-Istehkam” initiative.

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