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Discussion on the present political and financial situation: Discussion on Current Political and Economic Scenario: Shehbaz comes up with financial revival plan as Pakistan secures IMF deal
Prime Minister Shehbaz Sharif on Saturday took the nation into confidence over cope with International Monetary Fund (IMF).
Addressing a press convention in Governor House Lahore, Shehbaz additionally talked concerning the financial revival plan of Pakistan as he mentioned that everybody must put efforts for uplifting the nation.
“Debts and loans are not the solution as we have to get rid of them and focus on our own domestic resources,” mentioned the prime minister.
Shehbaz added that each one the establishments together with judiciary, parliament and protection establishments should put their efforts collectively to make Pakistan a powerful nation economically.
“We have to bring investment from the gulf countries and we’ll now focus on the agricultural sector to create employment opportunities. Pakistan is full of natural resources and we’ll give four million employment opportunities by using them,” mentioned the PM.
Talking concerning the IMF deal, Shehbaz Sharif mentioned, “Pakistan has managed to get $3 billion after a hectic exercise and meetings in Paris turned out to be the turning point. We have gotten a crippling economy when we take the charge and attempts are being made to halt the agreement with IMF.”
Finance Ministers of two provinces refused to put in writing letter to the IMF and it was meant to default the nation however Almighty helped us and now we’ve got secured the deal, Shehbaz added.
Shehbaz Sharif mentioned over the past three months China helped Pakistan considerably by offering about $5 billion and saved the nation from default.
He additionally appreciated Saudi Arabia, UAE, Islamic Development Bank and different pleasant nations for his or her beneficiant assist throughout essential time.
The prime minister mentioned that the PTI authorities breached the cope with IMF. The prime minister mentioned incumbent authorities had signed an settlement for LNG import with Azerbaijan at cheaper fee and it will profit the nation.
He mentioned over the past one yr, incumbent authorities signed agreements for import of wheat, fertilizer and vitality on discounted fee and benefited the nation.
Dar phrases IMF deal large success
Speaking to media after PM, Finance Minister Ishaq Dar termed settlement with International Monetary Fund a giant success.
He additionally lauded the efforts of Prime Minister Shehbaz Sharif for his efforts for profitable settlement with IMF.
Dar mentioned Pakistan would obtain one billion {dollars} quickly after Funds Board assembly on twelfth of subsequent month.
Ishaq Dar categorically rejected the rumors of default of Pakistan and expressed his resolve to realize Pakistan’s place once more on twenty fourth financial place. He mentioned solely mines potential of the nation is six thousand billion {dollars}. Debate Among Anchorperson Marrium Zeeshan Ayaz Amir Rasheed Safi Dr. Hasan Askari and Salman Ghani
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