PM Shehbaz extols COAS Munir, cabinet’s efforts in fostering country’s economy

Prime Minister Shehbaz Sharif extolled on Tuesday Chief of Army Staff (COAS) Gen Syed Asim Munir and cabinet team for making all-out efforts to put the country’s economy back to the track.

Addressing the Apex Committee on the National Action Plan (NAP), PM Shehbaz said: “The country’s economy is on the verge of the stability. The country’s uplift hinges on the robust economy.”

He stressed the need for collective efforts to lead the country towards prosperity.

The premier said: “We got to take sustainable measures to steer the country towards development and economic stability.”

Acknowledging the cooperation from the provinces, PM Shehbaz said: “The provinces have extended full support to the federal government on the success of the International Monetary Fund (IMF) programme.”

“The State Bank of Pakistan’s (SBP) policy has dropped from 22 per cent to reach 15 per cent. The IT sector has also witnessed a boom. The remittances are also on the verge of stability.”

Underscoring the investment in the country, the premier said: “The foreign investors get encouragement by seeing that the local investors are making investments in the country.”

“The provinces and the centre will continue to ensure this will be the final programme with the international lender,” he stated.