Islamabad (TDI): Prime Minister Shehbaz Sharif said on Monday that the government’s economy-friendly policies have reinstated the trust of foreign investors.
He made these remarks while presiding over a high-level meeting to assess the country’s economic situation in Islamabad.
The premier said the government policies are leading the nation towards economic stability.
“Our policies have not only led to a positive trend in the stock market but also restored the trust of foreign investors,” he said.
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He noted that the government was prioritizing public welfare above anything else.
“We are taking all possible steps to fulfil our promises to the people,” he added.
PM Shehbaz said with the government’s tireless efforts, inflation has come down from 38 to 7 %, the interest rate has reduced from 22 percent to 15%, and record exports and remittances have strengthened foreign exchange reserves.
He praised Punjab’s Chief Minister and the provincial government for reforms in the agriculture sector.
The Prime Minister issued strict directives to intensify actions against tax defaulters. He vowed to hold tax evaders and their collaborators accountable, asserting:
“Economic growth is only possible when everyone fulfils their responsibilities,” he added.
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He urged all sectors to contribute to national progress by paying taxes.
The meeting also included briefings on key economic indicators, the inflation situation, and measures against tax evasion.
Federal Ministers Aurangzeb, Ahsan Iqbal, Ataullah Tarar, Dr Musadik Malik, Minister of State Ali Pervaiz Malik, PM’s Coordinator Rana Ehsan Afzal, and other senior officials attended the meeting.