close
close

The Prime Minister confirms the government’s commitment to implementing the economic reform program

Prime Minister Muhammad Shehbaz Sharif claims that the government has managed to achieve tangible results on the economic front in the first hundred days.

In a televised address to the nation this evening at the end of his 100 days in power, he said that cautious policies had yielded positive results and that the economy was now gradually stabilizing.

Shehbaz Sharif emphasized that the national economy continues to improve, attributing this positive trend to government policy. He noted that all economic indicators are on track.

The Prime Minister said it was significant price reductions for petroleum products it will bring relief to people.

The Prime Minister emphasized that inflation, which was thirty-eight percent a few months ago, has now dropped to twelve percent. He also mentioned A lowering the interest rate to twenty and five percent. He stressed that these declines in inflation and interest rates will encourage investment and stimulate economic activity across the country.

The Prime Minister announced it Pakistan’s friendly countries have pledged to invest billions of dollars in the country. He assured that the government will facilitate these investments through the Special Investment Facilitation Board focusing on agriculture, energy and other sectors.

He said a ministerial committee had been formed to oversee the issue privatization of loss-making state-owned enterprises.

Shehbaz Sharif emphasized that digitalization The Federal Board of Revenue will save billions of rupees for the state treasury.

The Prime Minister further emphasized a reduction of several rupees per unit in the electricity rate for the industrial sector.

He praised Overseas Pakistanis for sending remittances worth three billion dollars last monthconfirming their confidence in government policy.

As for long-term economic plans, he said, we have started implementing ours economic program for the next five years and we are committed to maintaining the success of our economic strategies.

Shehbaz Sharif said that the private sector will be encouraged to set up new industrial units.

He congratulated the nation of Pakistan and the Muslim Ummah on the auspicious occasion of Hajj and Eid-ul-Adha.

The Prime Minister condemned the ongoing Israeli aggression in Gaza, describing it as unprecedented in human history. He expressed regret at the loss of thousands of innocent lives, including children prayed for the freedom of illegally occupied Jammu and Kashmir and Palestine.