
National Economy On Right Track Due To Government's Prudent Policies: President
Umer Jamshaid Published August 06, 2016 | 11:46 AM

QUETTA, (UrduPoint / Pakistan Point News - 6th Augst,2016) : President Mamnoon Hussain has said the present government, owing to its prudent economic policies, has put the national economy on the right track with all the economic indicators showing positive trends. He said the country's foreign exchange reserves have risen to US $ 23 billion which indicates that Pakistan has become one of the emerging markets in the world and fast growing economy.
The President was talking to notables and tribal elders from Balochistan who called on him at the Governor House on Friday evening. Governor Balochistan Muhammad Khan Achakzai and Chief Minister Nawab Sanaullah Khan Zehri were also present.
The President said that the government led by Prime Minister Muhammad Nawaz Sharif with a view to lessen the volume of foreign loans and debts has decided not to take loans from IMF in future. He said the present government was focussing on making Pakistan economically strong and financially empowered.
The foreign debt of US $ 10 billion out of total US $ 15 billion had been paid back, he added. The President urged the people to reject the negative propaganda against the government and said the present government should be supported to continue its policies and programmes to strengthen the country.
The President also rejected the baseless propaganda about change in the western route of CPEC and urged the notables to apprise the people about the outcome of pro-development policies of the present government, aimed at public welfare and prosperity.
The tribal elders and notables appreciated the government for taking concrete steps for the implementation of China-Pak Economic Corridor (CPEC), which would pave the way for progress and prosperity of the country, particularly Balochistan.
Related Topics
Recent Stories

Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 15 May 2025

Today Gold Rate in Pakistan 15 May 2025

ECNEC approves 9 development projects worth Rs355.73 bn in key sectors

Talks with India tied to Kashmir, Terrorism, and Water: Rana Tanveer

Nation united against any aggression: Tariq Fazal

PM Shehbaz, UN chief 'exchange views' on phone about next steps to build-on May ..

UNESCO, partners lead efforts to develop Pakistan’s first National Media Liter ..

RMU observes “Youm-e-Tashakur”

Implementation of women quota in sectors to boost their participation: Governor

SU's Pakistan Study Centre pays tribute to PAF’s success against Indian aggres ..

Parliamentary Caucus on Child Rights (PCCR) meeting held

VC FUUAST participates Kazan forum on Educating Future Academic Leaders
More Stories From Pakistan
-
Ahsan Iqbal affirms Pakistan's strong resolve to defend itself
7 minutes ago -
SCCI welcomes newly appointed DC
17 minutes ago -
15 criminals nabbed
17 minutes ago -
ICT admin takes strong action against dengue outbreak
47 minutes ago -
Condolences for IG Sindh's Mother's Passing
47 minutes ago -
Ayaz visits Deputy Speaker’s residence to offer condolences
57 minutes ago
-
OGDCL's free medical camp facilitates over 160 residents of remote area
1 hour ago -
PM directs to formulate agro-industry policy for promotion of agriculture, forestry
1 hour ago -
1st Hajj flight through “Road to Makkah” initiative lands in Jeddah
2 hours ago -
43 suspects held; cache of drugs, weapons seized during police crackdown in DI Khan
2 hours ago -
Rally taken out to laud Pak armed forces' victory against Indian attacks
2 hours ago -
Deputy Chairman Senate calls for people-friendly budget
2 hours ago