Prime Minister Shehbaz Sharif on Tuesday expressed the resolve to bring macroeconomic stability and put Pakistan the path of growth adding that the country is under a mountain of debts and they are eating and drinking by taking loans.
Addressing the Tax Excellence Awards ceremony in Islamabad, the premier said ensuring export-led growth through joint efforts was the only solution to make the country debt-free.
The prime minister also said the government will strive to elevate productive sectors such as industries, information technology, and agriculture.
Referring to the new IMF programme, the premier said the government is taking the step to bring stability to the country’s economy.
“The state will also focus on addressing the issue of inflation while ensuring growth and creating job opportunities,” said PM Shehbaz, adding that the federal government along with the provincial governments will create an enabling situation for the private sector and address the issues faced by the sector.
Shehbaz added that refunds to the tune of Rs65 billion were made to the exporters and expressed determination for timely payments of refunds in the future.
Shehbaz Sharif said they were paying salaries and carrying out development works with borrowed money. “Thanks God we are fasting otherwise the tea served here would have been funded with IMF loan,” he said.
