- The basics of the macro level economy have gradually improved: PM
- The PM says that foreign funds have affected $ 3 billion, which is a record.
- Said he was on the right direction with the aim of achieving economic growth.
Prime Minister Shehbaz Sharif Monday revealed that Pakistan was working with the United Arab Emirates (Water) and Saudi Arabia to extract its immense mineral resources.
The Prime Minister made these remarks while addressing Pakistani business leaders and investors in Dubai. He said Pakistan had obtained macroeconomic stability in the past year with the help of the International Monetary Fund (IMF) program.
Stressing the achievements of his government, Prime Minister Shehbaz said that the Macro Foundation for the Pakistani economy had gradually improved the previous year, because inflation was 2.4% in January and the bank Bank policy of month and month at 12%, at 12%.
Exports had improved compared to last year and the sending of foreign funds affected the level of $ 3 billion, which was a record, he explained.
He said the country should overcome difficult economic challenges, adding that the government was playing in the right direction in order to achieve economic growth.
“Our efforts are focused on certain key areas, including mining and minerals,” he said. The Prime Minister said it was regrettable that little progress was made in the mining sector to exploit the country’s minerals worth billions of dollars.
He said that another area of vital importance was information technology and the appropriate training for young people in this area that could help the country overthrow its economy. The population of 60% of Pakistan was 15 to 30 years old, he noted.
The Prime Minister said that Pakistan has had immense resources in the agriculture sector, but in recent decades by ACRE, the yield has remained marginal because modern techniques and technology have not been introduced to Promote agricultural production.
“Many countries have advanced Pakistan in the production of rice, sugar, cotton and wheat and we have lagged behind our neighboring countries.”
He informed that the government was funding a program to send 1,000 agricultural graduates for training in China in various fields related to agriculture.
He expressed the hope that after his return from China, these students would be well equipped with modern knowledge to help the country increase its agricultural production.
He stressed that the country had to convert its agricultural production into value -added products to gain better economic growth.
“We had to focus with dedication and full commitment so that we could move forward with speed to obtain results for the economy,” he said, adding teamwork to transform society with each screening of life.
He assured that the government would include suggestions by business leaders in its economic program.