LONDON: Prime Minister Muhammad Nawaz Sharif said that the Pakistan would completely overcome power and gas crises within few years as all-out efforts were underway in this regard.
Addressing the Pakistani community here, the Prime Minister reiterated his resolve to rid the country of energy crisis saying the government would add another 21,000 megawatts of electricity to the national grid within next 8 to 10 years.
He thanked the British Prime Minister for cooperation to Pakistan's development and said the UK had offered cooperation to Pakistan in various fields including energy and countering terrorism.
The UK was willing to maintain friendly ties with Pakistan and that Pakistan always supported good ties with all neighboring states, he remarked.
Recounting the government's efforts to strengthen the national economy, the Prime Minister said the investors' confidence has been restored consequent to the effective economic policies of the government.
He said the government's expenditures have been slashed by 30 percent.
The Prime Minister told the Pakistani expatriates that tax recovery has been increased by 16 percent while the remittances have witnessed 12 percent increase.
He assured the community that each public penny was trust with the government that would be spent on their welfare.
Prime Minister Nawaz Sharif said Diamer Bhasha and Dassu dams would contribute around 9,000 megawatts of electricity, adding the government would construct Diamer Bhasha Dam even from its own resources if it did not receive any foreign assistance.
He said the government would soon initiate work on Lahore- Karachi Motorway.
Prime Minister Nawaz Sharif told the gathering that the petroleum prices have been reduced thrice adding that country's growth ratio would be doubled within next three years.
He said only the democratic states could achieve progress and that everyone would have to contribute its due share for national progress.
He said tolerance was inevitable for national politics as the PML-N also adopted the same policy during last five years.
He said for the first time a democratic transition has been successfully completed that should continue in future as well.
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