Pakistan’s economy moving towards prosperity: PM

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MG News | January 12, 2022 at 09:54 AM GMT+05:00

January 12, 2022: Prime Minister Imran Khan has said that the economy of the country is now stable and moving towards prosperity due to the prudent economic policies of the government.

Addressing the inaugural session of the 14th International Chambers Summit in Islamabad on Tuesday, he said making Pakistan a great country is our mission.

Imran Khan said the government has adopted an effective and strong strategy to make the economy stable and meet the global pandemic at a time. He said Pakistan has dealt COVID19 with integrated policy protecting the economy and human lives.

The Prime Minister said inflation has hit the entire world hard and the government is trying to protect our citizens from the adverse effect of this menace.

He said exports, foreign remittances and tax collection are increasing significantly as these areas are on the top priority of the government.

Imran Khan said the government has received 32 billion dollars in foreign remittances and 31 billion dollars have been witnessed in the export sector. He said the Federal Board of Revenue has made a tax collection of 6,000 billion rupees during the current fiscal year.

Imran Khan said IT exports are at 3.5 billion dollars with an increase of 70 percent while agriculture has received income of 1100 billion rupees. 

He said due to an integrated strategy of the government, the construction sector is also witnessing record development.

The Prime Minister said tax culture in the country should be promoted to increase tax revenue.

He said the government has also introduced health insurance for every family in the country up to one million rupees.

Imran Khan said promotion of business activities and creating decent business opportunities in the country is our priority and the government will provide all possible facilities to establish industrial zones in the country.

Prime Minister said the government is committed to ensuring rule of law in the country despite that some elements are creating hurdles in this regard.

Emphasizing the need to eliminate corruption from the country, he said a corruption-free Pakistan is our mission and we will continue to fight against corrupt elements and practices.

The Prime Minister said due to effective strategy of the government, the corporate sector has witnessed a profit of 930 billion rupees while 1138 billion rupees investments have been made in the private sector during the last 10 years.

Radio Pakistan

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