Prime Minister Shehbaz Sharif on Friday said promotion of foreign investment in the country was one of the top priorities of the government.
\nTalking to a delegation of the Pakistan America Business Forum, he said the government was committed to ensuring favourable conditions for foreign investors with the aim to strengthen the national economy.
\nThe delegation included Secretary General Pakistan America Business Forum Waqar Khan, President Riaz Hussain and Senior Vice President Anwar Azam. Federal Minister for Parliamentary Affairs Murtaza Javed Abbasi and senior officials also participated in the meeting.
\nPM Sharif said the coalition government came to power during tough times with an objective to uphold the sanctity of State over politics.
\nHe mentioned that the government took difficult decisions to revive the economy and save the country from default.
\nHe held the previous government responsible for imparting damage to economy, however said, efforts were afoot to ensure development of the country through hard work.
\nOn electricity generation, the prime minister said short-term and long-term plans would be implemented to cut dependence of on imported fuel.
\nHe said a project to generate power up to 7,000 mega watt through renewable sources including solar and wind was in the offing.
\nAs part of austerity measures, he mentioned imposition of ban on import of luxury goods as well as reduction of unnecessary government expenditure.
\nThe delegation appreciated the measures taken by Prime Minister Shehbaz Sharif for restoration of economy, beside extending facilities to export industry and addressing the problems of overseas Pakistanis.
\nThe delegation apprised the prime minister about their problems and also gave feedback on various related matters.
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Prime Minister Shehbaz Sharif on Friday said promotion of foreign investment in the country was one of the top priorities of the government. Talking to a delegation of the Pakistan America Business Forum, he said the government was committed to ensuring favourable conditions for foreign investors with the aim to strengthen the national economy. The […]<\/p>\n","protected":false},"author":2,"featured_media":255351,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[978,5822],"class_list":{"0":"post-274330","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news","8":"tag-investment","9":"tag-pm-shehbaz-sharif"},"yoast_head":"\n