One year in power
\n\u201cWe should work in unison instead of pulling each other\u2019s legs,\u201d says PM Shehbaz
\n Islamabad
\nPrime Minister Shehbaz Sharif has vowed to eliminate terrorism from the country to pave way for the foreign investment in the country as the PML-N coalition government completed its one year in power.
\n\u201cWe should work in unison instead of pulling each other\u2019s legs,\u201d the premier said while addressing a special session of the federal cabinet meeting in Islamabad.
\nThe premier said his administration stabilised the economy during its one year in power with the help of allies.
\nHighlighting the economic achievements of the coalition government including significant drop in inflation and key policy rate, the premier praised the cabinet members for the hard work.
\n\u201cIt has been a year, let alone a contentious scandal, opposition even failed to bring up a fake scandal against the government. What could be a greater achievement of yours than this,\u201d he added.
\nThe premier was of the view that the country was on the brink of bankruptcy when he assumed the office one year ago.
\nHe slammed the Pakistan Tehreek-e-Insaf (PTI) leadership for writing letters to the International Monetary Fund (IMF) and urging the global lender not to approve loan for the cash-strapped nation.
\nThe prime minister said that they should have to work hard to provide succour to hapless and financially weaker segments of society with all kind of assistance and compassion especially in the holy month of Ramadan, adding that the government had rolled out Rs20 billion Ramadan package to benefit 4 million deserving families through digital wallets system. Each family would get Rs5,000 each, thus the new system would shut doors on all kind of allegations of financial mismanagement which had badly marred the functioning of entities like Utility Stores Corporation, he said, terming the relief initiative as \u2018quantum jump which will succeed\u2019.
\nWith hard work, the government succeeded in achieving the economic turnaround and steering the country out of the financial straits.
\nThe prime minister said all the macroeconomic indicators were on the high scale and asked the members to work hard with dedication and commitment as these were prerequisite for making Pakistan one trillion economy till the year 2035.
\nHe also thanked leadership of all the coalition partners in the government including PPP, MQM, BAP and IPP for their support in the most difficult times.
\n\u201cWe are the bearers of May 28 achievement and not of May 9,\u201d he said, questioning that a political party who was running a provincial government had written letters to IMF pressing against any agreement with the government.
\nThe prime minister highlighting government\u2019s efforts towards economic stability, expressed the confidence that Rs400 billion tax cases pending for adjudication in various courts would be decided expeditiously as the one by Sindh High Court which provided relief to the government with Rs23 billion.
\nHe underlined the need of plugging Rs850bn losses incurred by the loss-making state owned enterprises terming them as\u2019 bottomless pits\u2019 which needed to be plugged, besides the need to end circular debt in the power sector.
\nThe premier expressed the optimism that with collective efforts, Pakistan would emerge stronger and stressed upon development of a culture of forgiveness, affection and tolerance in the society.
\nIn collaboration with China, Pakistan would launch its first joint astronaut mission soon, he added.
\nHe said the journey was dotted with challenges and difficulties but they would traverse the path towards progress and prosperity.<\/p>\n","protected":false},"excerpt":{"rendered":"
One year in power \u201cWe should work in unison instead of pulling each other\u2019s legs,\u201d says PM Shehbaz Islamabad Prime Minister Shehbaz Sharif has vowed to eliminate terrorism from the country to pave way for the foreign investment in the country as the PML-N coalition government completed its one year in power. \u201cWe should work […]<\/p>\n","protected":false},"author":2,"featured_media":465133,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-465110","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"\n