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PM’s economic, energy vision lauded

byCT Report
14/02/2016
in Business
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ISLAMABAD: The business community fully supports Prime Minister Nawaz Sharif’s economic and energy vision that has put the country on the path of progress and prosperity.

This was stated by Pakistan Overseas Employment Promoters Association (POEPA) Chairman Chaudhry Muhammad Afzal, while talking to the office-bearers of the association. He said that the economy is growing, investors’ confidence continue to improve, while energy import and manpower export deals with Qatar are highly significant.

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Afzal said that the LNG deal would benefit industry, agriculture and domestic consumers, while the government would be in a position to reduce tariff to provide relief to masses.

He said that deal over such a reduced price is a great achievement of the government, and now it should focus on consistency in supplies and establishment of more terminals to cater for the needs of different sectors. He said that issues like Thar coal, exploration of oil and gas, building of mega dams and gas import deals from Iran and Turkmenistan should continue to get attention from the policymakers.

Afzal lauded the deal with Qatar which, he said, would double the volume of remittances being sent to Pakistan. He said that one hundred and fifteen thousand Pakistanis were already working in Qatar, and were playing an active role in the development of that country. He added that the addition of one hundred thousand more manpower would reduce poverty and unemployment at home.

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