National Economy Put On Right Track Due To Government's Prudent Policies: President
Sumaira FH Published August 06, 2016 | 10:57 AM
QUETTA, (UrduPoint / Pakistan Point News - 6th Augst,2016) : President Mamnoon Hussain has stated with all economic indicators showing positive trends, the present government owing to its prudent economic policies has put the national economy on the right track. He said that 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 programs to strengthen the country.
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
Pakistan marks World Press Freedom Day
High-level Saudi business delegation due on May 5
Stocks heat up as US labour market cools
President approves Tax Laws (Amendment) Bill 2024
Implementation of merit, justice to oppressed segments top priorities: CPO
Overseas Kashmir community delegation calls on AJK President, discusses latest s ..
Govt believes in freedom of press: Amir Muqam
Labour urges UK election after Tory losses
Health authorities asked for action against alleged illegal tenders at Services ..
Spain scraps national bullfighting prize sparking debate
Lahore High Court (LHC) Chief Justice Malik Shahzad Ahmad Khan visits Rawalpindi ..
ATC extends interim bail of PTI founder in 3 cases
More Stories From Pakistan
-
RIUJ, NPC jointly organizes seminar on freedom of expression
7 hours ago -
LG&CD deptt appoints Dr Abdullah as Focal Person Media
7 hours ago -
PPP nominates Kundi, Saleem as governors KPK, Punjab respectively
7 hours ago -
Court awards 15-year imprisonment to accused in a rape case
7 hours ago -
PM visits residence of Saira Afzal Tarar, offers condolences over her father's death
7 hours ago -
Police bust gambling gang in Pindigheb area
8 hours ago
-
AJK PM approves Social Protection Ordinance
8 hours ago -
AJK President lauds overseas community for highlighting Kashmir issue
8 hours ago -
BUJ protests murder of KPC President Siddique Mengal
8 hours ago -
AJK PM chairs cabinet meeting
8 hours ago -
Randhawa for completing ongoing projects
8 hours ago -
Bilawal expresses sorrow over bus accident in Diamer
8 hours ago