President: Corrective initiatives at macroeconomics level underway

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Staff Reporter
Karachi

President Dr Arif Alvi has said the national economy has been put on the right trajectory due to prudent policies of the government.

Addressing a conference on Saturday, the President said that effective measures are being taken to control inflation and price hike at the lower level.

He said the government has started taking corrective initiatives at the macroeconomics level in consultation with the stakeholders for development of the country.

He said the government is also pursuing the export-led growth strategy and for that purpose it is continuously taking input of the stakeholders, which is appreciable.

The President said job opportunities have been generated in the textile sector and economic policies of the incumbent government are now benefiting the common man.

He said that there is a need to strengthen financial institutions on modern lines and formulation of policies keeping in view new trends.

Dr Arif Alvi said brand Pakistan should be promoted at international level. He said that it is necessary to bring women folk into mainstream for national development, besides creating job opportunities for them.

The President said the government adopted a practical policy during the coronavirus pandemic and announced a package for industries.

He said the Prime Minister provided financial assistance to weaker segments of society during lockdown and saved lives and livelihood simultaneously.

The President stressed on ample utilisation of youth to make them contribute towards the economic development of the country.

He said that employers should play their role as mentors and they should also provide employment opportunities to women.