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PML-N’s govt puts Pakistan’s economy on track: Pervez Malik

byCT Report
02/06/2015
in Business, Latest News
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LAHORE: President of Pakistan Muslim Leagu-Nawaz Lahore, Member National Assembly Pervez Malik has said that economic condition of the country is getting better with every passing day due to well-planned economic policies of the current government.

While talking to a delegation of traders from various cities, Pervez Malik said that the country’s economy was now on the right track after concrete steps taken by the government.

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He said that international institutions like World Bank and International Monetary Fund (IMF) have declared that Pakistan’s economy was back on track and has made a significant progress.

He said the international agency, Bloomberg, in its report had appreciated the achievements of the government despite the sit-ins and protest in the country.

While answering a question, Pervez Malik said that China-Pakistan Economic Corridor was the lifeline of the country and it would be completed at any cost. He said that economic corridor would open new avenues of progress and prosperity.

PML-N leader said that mark-up was at lowest point of the history and it is an ample proof of the Nawaz Sharif government’s business friendly policies. He said that government would make this measure meaningful and result oriented so that business community could avail full advantage of the lowest mark-up

He said that though energy crisis was inherited but PML-N government had devoted all its resources for early solution of energy shortage.

He said water projects would also help produce cheap energy to meet future needs of the country.

He said, “Those who are creating a scene by giving an impression of a big political alliance are living in a fool’s paradise. Rejected politicians cannot succeed.”

He said that government has already initiated meaningful discourse with the private sector to boost up Foreign Direct Investment (FDI) that is not up to the mark.

He said that rising risk perception about investing into Pakistan was hitting hard the entire economy but government was tackling the issue through a comprehensive policy approach by involving Chambers of Commerce in the country.

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