ISLAMABAD
\nPrime Minister Muhammad Shehbaz Sharif on Wednesday expressed the hope that due to untiring efforts of the economic team, the government would achieve the economic targets in next six months.
\nSpeaking at the cabinet meeting, the prime minister noted that during first five months of current fiscal year, the remittances posted record $15 billion that he hoped would expand to $35 billion by the end of the fiscal year.
\nHe said that the government managed to achieve the macro economic stability despite the fact that the opponents made no stone unturned to sabotage the efforts of the government. Wishing the participants of the meeting happy new year, the prime minister said that the sun of 2025 will rise with the promise of progress and prosperity for Pakistan.
\nHe prayed that the economic, political and law and order crises that the world faced in 2024 would be overcome by positive progress in the new year. He said the ambitious homegrown five-year plan titled \u201cUraan Pakistan\u201d that was launched yesterday would prove to be a milestone for the country\u2019s future provided \u201cwe remain on track and work hard to achieve the goals set in the plan\u201d.
\nHe specifically appreciated the efforts of Planning Minister Ahsan Iqbal, Finance Minister Muhammad Aurangzeb and other cabinet members along with the relevant government officials. He said having achieved economic stability, the country had now entered the growth stage. \u201cIf we want to achieve the economic development, then we will have to focus on export-led growth and we have no other option.
\nThe prime minister also appreciate the efforts of Deputy PM Ishaq Dar, Governor State Bank of Pakistan, Finance Minister and Chairman FBR for collecting additional Rs 72 billion under ADR (advance-to-tax ratio) due to which the government\u2019s target of tax revenue for December 2024 had almost been achieved.
\nSimilarly, he said due to funding by the Bill Gates Foundation of $6 million, the Federal Board of Revenue (FBR) would become completely digitized. The early results of this project were that the the 39% time duration of container inspection had been reduced while the businessmen got relief of 89%.
\nAdditionally, he said smuggling of sugar through Afghanistan had been reduced to zero which was a positive sign for the country\u2019s economy. He gave the credit of reducing the smuggling to Minister for Industries and Production Rana Tanvir Hussain, the institutions and the Army Chief.
\nHe said during first nine months of the government, no scandal surfaced which reflected the government\u2019s commitment to ensure transparency in all sectors. As regards, terrorism in the country, the prime minister vowed that the law enforcing agencies were fully committed to halt the nefarious designs of the enemies. <\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Prime Minister Muhammad Shehbaz Sharif on Wednesday expressed the hope that due to untiring efforts of the economic team, the government would achieve the economic targets in next six months. Speaking at the cabinet meeting, the prime minister noted that during first five months of current fiscal year, the remittances posted record $15 billion […]<\/p>\n","protected":false},"author":2,"featured_media":452976,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-452953","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"\n