Punjab Governor Chaudhry Mohammad Sarwar has said that country has been set to the right direction. Current account deficit has been reduced to $1 billion from $20 billion in one year, while bullish trend is continued to prevail in Pakistan Stock Exchange (PSX) and touching the ever highest level of 42518 points. ‘The credit goes to PTI government for saving Pakistan from bankruptcy.
Complete merit and transparency are being ensured in universities’, he added. He was addressing the 18 th Convocation of University of Management and Technology (UMT) here on Thursday. Rabita Alam Islami’s Secretary General Dr Abdur Rehman Almatar, Federal Minister for Privatization Mohammad Mian Soomro, UMT President Ibrahim Hassan Murad and UMT Chairman Dr Ahmed Umar Murad were also present. The governor said that Pakistan has sacrificed more than 70,000 lives in war against terrorism and so far Pakistan suffered loss of $100 billion.
However, security matters have now improved and foreign direct investment was increasing and extremism has also been eliminated from Pakistan. He while strongly condemning Indian aggression against Kashmiris and Indian Muslims, said that now entire India turned into occupied Kashmir in the wake of controversial Citizenship Act. Kashimiris and Indian Muslims were bravely facing the state atrocities, he said and added, ‘If India resorts to any misadventure against Pakistan, it will be reciprocated in befitting manner’.
He observed that worthless was a person, who despite having wealth and status could not serve the people, asserting that following golden principles of any personality was the best way to pay him tribute. While talking to the media at Governor’s House, the Punjab governor said that government would complete its constitutional term. People have given us five-year mandate to strengthen democracy and to fulfill promises made with them.
When PTI took over the government, economy was in the shambles and country had been on the verge of bankruptcy, but our government by taking prompt and effective measures not only saved Pakistan from bankruptcy but also reduced substantially the country’s deficits, which was ample proof of its best performance. He said that government was striving hard to control price hike in the new year, and people would be provided with best educational and health facilities.