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Pakistan

Country’s economy showing positive indicators: Imran Khan

The government is making efforts to promote industrialization and businesses in Pakistan: PM. Imran says tax c
Published November 20, 2019
  • The government is making efforts to promote industrialization and businesses in Pakistan: PM.
  • Imran says tax collection is important to enhance the economy.
  • Exports of the country are increasing that is a welcoming sign, says PM.

(Karachi) Prime Minister Imran Khan has said that Pakistan’s economy is showing positive indicators.  He added that the country is stabilizing due to the long-term policies of the government.

He expressed these views during cheque distribution ceremony in Islamabad on Wednesday.

He said that the government is making efforts to promote industrialization and businesses in Pakistan. “Wealth creation is of key importance to boost the economy of the country,” the PM said. “Without wealth creation, the government will be unable to repay debt.”

He said the current account deficit turned into surplus for the first time in four years.

He said that taking loans from other countries is not in the interest of Pakistan.

He said that tax collection is also important to enhance the economy and help the poor segment of the society. He said exports of the country are increasing that is a welcoming sign.

Imran Khan said that when the government took control of the power, the country’s economy was in a bad shape.

He said that the financial crisis developed in the country as the past rulers failed to devise a comprehensive policy. He said, “We got the worst deficit in the history of Pakistan.”

He said the country had been governed on ad-hoc basis which is a matter of concern.

The prime minister said that the country has great potential but corruption has hampered growth.

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