{"id":270345,"date":"2022-07-08T06:33:12","date_gmt":"2022-07-08T01:33:12","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=270345"},"modified":"2022-07-08T06:33:12","modified_gmt":"2022-07-08T01:33:12","slug":"govt-took-tough-decisions-to-bring-economy-out-of-red-zone-ahsan","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/govt-took-tough-decisions-to-bring-economy-out-of-red-zone-ahsan\/","title":{"rendered":"Govt took tough decisions to bring economy out of red zone: Ahsan"},"content":{"rendered":"<p>ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Thursday said Pakistan was heading towards default, but the incumbent government took tough decisions and brought the national economy out of the red zone. All-out efforts were made to further stabilize the economy, he said addressing the business community here at the Islamabad Chamber of Commerce and Industry.  Ahsan Iqbal stressed that a quick jumpstart in exports, export-led economic growth, enhanced tax revenue, $25-30 billion annual foreign direct investment (FDI), political stability and consistency in policies were key requirements for Pakistan to emerge as a stable economy. He said China\u2019s annual imports were $1 trillion and Pakistan\u2019s business community should focus on increasing their share in that huge market. The government, he added, was also focusing to facilitate the small medium enterprises, and optimizing businesses and agriculture sectors to improve the economy. It was seeking proposals from chambers of commerce to abolish laws or amend them that were creating hurdles for the private sector in order to turnaround Pakistan, he said, urging the ICCI to form a task force to develop such proposals and share them with his ministry for consideration and implementation. APP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Thursday said Pakistan was heading towards default, but the incumbent government took tough decisions and brought the national economy out of the red zone. All-out efforts were made to further stabilize the economy, he said addressing the business community here at the Islamabad Chamber [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-270345","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt took tough decisions to bring economy out of red zone: Ahsan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/govt-took-tough-decisions-to-bring-economy-out-of-red-zone-ahsan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt took tough decisions to bring economy out of red zone: Ahsan\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Thursday said Pakistan was heading towards default, but the incumbent government took tough decisions and brought the national economy out of the red zone. 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