Pakistan now a robust economy: PM

Published December 14, 2005

ISLAMABAD, Dec 13: Prime Minister Shaukat Aziz said on Tuesday that wide-ranging structural reforms, prudent macro-economic policies, fiscal discipline, consistency and continuity in policies have transformed Pakistan into a stable and resurgent economy.

He stated this while talking to a Young Global Leaders’ delegation who called on him at the Prime Minister House on Tuesday.

He said the country had a sense of direction, political stability, an active parliament and vociferous press. “We want peace with all neighbours, which is critical for sustainable peace in the region”.

Our policies of liberalization, deregulation and privatization couple with transparency have increased investors’ confidence and investments today are the biggest in the history of Pakistan, the prime minister said.

He briefed the delegation on the ongoing reconstruction and rehabilitation efforts in the earthquake affected areas. He said the entire work was being done by civil administration, army and elected representatives in close coordination. NGOs have also been contributing in government’s relief, reconstruction and rehabilitation efforts.

He said the government was focusing on evolving transparent methods for fund collection and utilization. The government has laid down a procedure for double audits and constituted committees for oversight.

Expats asset of country: Prime Minister Shaukat Aziz has said Pakistanis living abroad are an asset for the country.

He was talking to a ten-member delegation of Kuwait-based Pakistanis who called on him at the PM House on Tuesday.

The delegation led by Sardar Mohammad Bashir Khan briefed the prime minister about the relief efforts carried out by them after the October 8 earthquake.

Mr Aziz said the Kuwait-based Pakistanis were setting up 500 shelter homes in Azad Kashmir to cater to the needs of the homeless.

He appreciated their contribution for such a noble cause and said the community should keep up the good work of helping their brethren at such trying times.

He said due to consistency in policies, high growth rate and transparency at all levels, Pakistan had become an attractive country for foreign investors.

Opinion

Editorial

Wheat price crash
Updated 20 May, 2024

Wheat price crash

What the government has done to Punjab’s smallholder wheat growers by staying out of the market amid crashing prices is deplorable.
Afghan corruption
20 May, 2024

Afghan corruption

AMONGST the reasons that the Afghan Taliban marched into Kabul in August 2021 without any resistance to speak of ...
Volleyball triumph
20 May, 2024

Volleyball triumph

IN the last week, while Pakistan’s cricket team savoured a come-from-behind T20 series victory against Ireland,...
Border clashes
19 May, 2024

Border clashes

THE Pakistan-Afghanistan frontier has witnessed another series of flare-ups, this time in the Kurram tribal district...
Penalising the dutiful
19 May, 2024

Penalising the dutiful

DOES the government feel no remorse in burdening honest citizens with the cost of its own ineptitude? With the ...
Students in Kyrgyzstan
Updated 19 May, 2024

Students in Kyrgyzstan

The govt ought to take a direct approach comprising convincing communication with the students and Kyrgyz authorities.