{"id":361199,"date":"2023-10-13T00:03:21","date_gmt":"2023-10-12T19:03:21","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=361199"},"modified":"2023-10-13T00:03:21","modified_gmt":"2023-10-12T19:03:21","slug":"political-stability-paramount-to-economic-development-shehbaz","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/political-stability-paramount-to-economic-development-shehbaz\/","title":{"rendered":"Political stability paramount to economic development: Shehbaz"},"content":{"rendered":"<p> Lahore<br \/>\nPakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif has said that Pakistan\u2019s sustainable economic development is incumbent upon its political stability as both are mutually inclusive.<br \/>\nCash-strapped Pakistan\u2019s $350 billion economy is in meltdown with low growth, a weak currency, and skyrocketing prices, with those with less incomes feeling the most pain.<br \/>\nCurrently, a caretaker setup is at the helm of affairs with limited powers. It will stay in place till the country sees general elections, which is the interim government\u2019s primary responsibility. The polls are likely to be held by the end of January next year, according to the Election Commission of Pakistan (ECP).<br \/>\nIn his address to traders in Lahore on Wednesday, Shehbaz \u2014 whose government\u2019s term ended in August \u2014 said: \u201cWhen the traders\u2019 shop runs, it helps move Pakistan.\u201d<br \/>\n\u201cIf the economy is stable then development and prosperity will come with it. The country needs economic and political stability,\u201d the former prime minister added. Reiterating his stance, the ex-premier claimed that his government\u2019s members decided to \u201ccompromise their political stake\u201d to \u201csave the state\u201d.<br \/>\n\u201cWe did not care about politics when we were in power for 16 months. Had we not saved the state, then our politics would have been buried,\u201d Shehbaz, the younger brother of PML-N supremo Nawaz Sharif, said.<br \/>\nSlamming the Imran Khan-led Pakistan Tehreek-e-Insaf (PTI) without naming the party, Shehbaz said his government faced sit-ins and threats every day. \u201cAbusive language was used [against us]. The society was polarised. But in order to move forward, we need to end this divide,\u201d he said.<br \/>\nTalking about Nawaz\u2019s return, Shehbaz said the country would begin the road to progress under the PML-N supremo \u2014 the three-time former prime minister.<br \/>\nNawaz is set to return to Pakistan on October 21, with the PML-N gearing up for his welcome. Nawaz is set to address a gathering at Minar-e-Pakistan upon arrival.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif has said that Pakistan\u2019s sustainable economic development is incumbent upon its political stability as both are mutually inclusive. Cash-strapped Pakistan\u2019s $350 billion economy is in meltdown with low growth, a weak currency, and skyrocketing prices, with those with less incomes feeling the most pain. Currently, a caretaker [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":348428,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[361],"class_list":{"0":"post-361199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news","8":"tag-shehbaz-sharif"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Political stability paramount to economic development: Shehbaz<\/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\/political-stability-paramount-to-economic-development-shehbaz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Political stability paramount to economic development: Shehbaz\" \/>\n<meta property=\"og:description\" content=\"Lahore Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif has said that Pakistan\u2019s sustainable economic development is incumbent upon its political stability as both are mutually inclusive. Cash-strapped Pakistan\u2019s $350 billion economy is in meltdown with low growth, a weak currency, and skyrocketing prices, with those with less incomes feeling the most pain. 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