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Political stability, key to economic strength, development, prosperity: PM

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Prime Minister Shehbaz Sharif on Wednesday said that political stability was highly important to achieve economic strength, attract investment, and ensure development and prosperity in the country.

“Until there is no political stability, there would not be any economic stability as both are inter-linked with each other,” he said while addressing the inaugural ceremony of the rehabilitated and widened Captain Karnal Sher Khan Shaheed Road (previously known as IJ Principal Road).

Shehbaz Sharif said in a situation where there was political instability in the country, the political opponents were hatching conspiracies everywhere, spreading false propaganda and misleading the nation; nobody would be ready to invest in the country.

Putting the responsibility of current economic crisis on the previous government, the prime minister said it breached its own agreement with the International Monetary Fund (IMF) due to which the confidence of the Fund in Pakistan shattered and it was now hesitant to resume its agreement.

However, he said the current government had met all the conditions of the IMF and hoped that the programme would resume anytime very soon.

PM Shehbaz resolved that “under the leadership of Nawaz Sharif, we all together would bring the country out of all crises and make it a stable and developed Pakistan.”—INP

 

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