{"id":118623,"date":"2025-01-23T14:26:42","date_gmt":"2025-01-23T09:26:42","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=118623"},"modified":"2025-01-23T14:26:51","modified_gmt":"2025-01-23T09:26:51","slug":"pakistans-economic-growth-journey-resumed-from-where-it-was-halted-in-2018-pm","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/pakistan-news\/pakistans-economic-growth-journey-resumed-from-where-it-was-halted-in-2018-pm\/","title":{"rendered":"Pakistan\u2019s economic growth journey resumed from where it was halted in 2018: PM"},"content":{"rendered":"<p>ISLAMABAD, Jan 23  : Prime Minister Muhammad Shehbaz Sharif on Thursday said that after attaining stability in the country\u2019s economy, the government had resumed the journey of economic development and growth from where it was halted in 2018.<\/p>\n<p>He said Pakistan witnessed a golden era of economic development under the leadership of former Prime Minister Nawaz Sharif and today, under his leadership too, the development journey was continued.<\/p>\n<p>He expressed the gratitude to the friendly and brotherly countries as Pakistan avoided the default like situation and moved towards the path of development due to their cooperation.<\/p>\n<p>\u201cThe credit of significant decline in inflation and interest rate goes to the hard work by the government economic team,\u201d he said while talking to a delegation of Pakistan Broadcasters\u2019 Association which called on him here.<\/p>\n<p>The prime minister said the relationship between government and the media was based on mutual trust.<\/p>\n<p>He emphasized that the the government always welcomed constructive criticism by media as it was very important to improve governance.<\/p>\n<p>\u201cThe government believes in media being the fourth pillar of the state,\u201d the prime minister said adding that there was complete freedom of expression in the country.<\/p>\n<p>He expressed the confidence that \u201cUraan Pakistan\u201d, a home made development project, will be made successful with cooperation of media and all other relevant stakeholders.<\/p>\n<p>Similarly, he underscored that the country\u2019s exports had been increased and industrial and agricultural sectors were also showing positive results due to the business friendly policies of the government.<\/p>\n<p>As regards performance of the Federal Board of Revenue (FBR), the prime minister said the reforms actions were being implemented in the Board besides work on digitization of FBR was also continued rapidly.<\/p>\n<p>He told that the faceless assessment had also been launched to improve the customs\u2019 system. \u201cThis system will help increase tax revenues, enhance transparency and stop corruption from the sector.<\/p>\n<p>He said after the launch of this system, the national exchequer was benefited due to the prevention of smuggling of petroleum products, sugar, fertilizers, and wheat.<\/p>\n<p>The increase in remittances reflects the growing trust of overseas Pakistanis in government policies, he said adding that the expansion of relationship with friendly countries and successes on the diplomatic front were also continued.<\/p>\n<p>He said Pakistan\u2019s identity on the global stage had been restored.<\/p>\n<p>As regards the progress of China Pakistan Economic Corridor (CPEC), the prime minister said the benefits of the mega project were starting to materialize.<\/p>\n<p>\u201cThe dream of Muhammad Nawaz Sharif and Chinese President Xi Jinping for the development of Pakistan and the region is very close to being realized,\u201d he said adding that the government was working tirelessly for the early completion of CPEC projects.<\/p>\n<p>Additionally, the prime minister said the entire nation had made unmatched sacrifices in the war against terrorism.<\/p>\n<p>\u201cThe Pakistan armed forces, along with the entire nation, will continue the fight against this menace until its complete eradication.\u201d<\/p>\n<p>He noted that the anti-Pakistan elements, who had dreamed of Pakistan\u2019s default, continue to make repeated attempts to attack Islamabad.<\/p>\n<p>\u201cThese elements are finding it difficult to digest Pakistan\u2019s economic stability and development,\u201d he added.<\/p>\n<p>We have sacrificed our politics for Pakistan\u2019s economic security and will continue to work day and night for its development, the prime minister added.<\/p>\n<p>He said the talented youth workforce was the Pakistan\u2019s greatest asset.<\/p>\n<p>\u201cProviding youth with international-standard education, training, and equal development opportunities is one of our top priorities,\u201d he added.<\/p>\n<p>On the occasion, the delegation members pointed out that the improvement in economic indicators was a positive sign, and that the media will continue to play a constructive role in national development and governance improvement.<\/p>\n<p>The delegation praised the Prime Minister\u2019s efforts in negotiating with Independent Power Producers (IPPs) to reduce electricity prices and resolve matters smoothly within the power sector.<\/p>\n<p>The country needs political stability, and the government should play a positive role in this regard, they said.<\/p>\n<p>The meeting was attended by Minister for Information Attaullah Tarar, top officials of the information ministry, Chairman Pakistan Broadcasters Association Mian Amir Mehmood, Mir Ibrahim, Naz Afreen Sehgal, Shakeel Masood, Nadeem Malik and Kazim Khan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD, Jan 23 : Prime Minister Muhammad Shehbaz Sharif on Thursday said that after attaining stability in the country\u2019s economy, the government had resumed the journey of economic development and growth from where it was halted in 2018. He said Pakistan witnessed a golden era [&#8230;]<\/p>\n<p>\n","protected":false},"author":16,"featured_media":118624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-118623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pakistan\u2019s economic growth journey resumed from where it was halted in 2018: PM<\/title>\n<meta name=\"description\" content=\"Pakistan\u2019s economic growth journey resumed from where it was halted in 2018: PM\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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