Prime Minister Shehbaz Sharif on Monday, reiterating government’s sharp focus on economic advancement, said it was pursuing its agenda of growth through massive reforms and structural changes.
“My government is totally committed to bringing huge reforms and huge structural changes. We are inching towards that direction, as, otherwise, it will be a futile exercise and will not produce proportionate results. We are absolutely focused on the agenda of reforms,” he said in an interview with Saudi state-owned television channel Al Arabiya.
The prime minister informed the interviewer that Pakistan was faced with huge challenges at the macroeconomic level like GDP growth ratio, huge loans, energy shortage, weak power transmission system, line losses and expensive power generation. Other challenges include revenue generation, corruption, less utilisation of technology, and lack of monitoring and supervision, he added.
The prime minister spoke high of the Saudi leadership and their cooperation with Pakistan, saying that the Pakistan-Saudi Arabia relations went back to centuries and there was no parallel of this relationship on the globe. “We are brothers. We understand each other and share each other’s grief and happiness. We are partners in progress and prosperity, not only in the two countries but also in the region,” he remarked while explaining to a question as to why every Pakistani leader opted to pay the first foreign visit to the Kingdom after assuming office.—APP
