PM addresses int’l investment conference Riyadh

RIYADH (92 News) – Prime Minister Imran Khan on Tuesday addressed the Future Investment Initiative (FII) conference in Saudi Arabia and highlighted some of the challenges facing his government and his plans to tackle them. Answering in the first day session of international investment conference, Imran Khan said that the country will further strengthen the judicial department and will make Pakistan an ideal Islamic country. “The principles of Quaid-e-Azam will be implemented in new Pakistan. The government will prefer main priority to enhance exports,” he mentioned. He assured for taking steps to eradicate money laundering in the country. Speaking about Pakistan’s current economic situation, the premier said, “We need new loans to pay-off our previous loans.” He also said that the government will overcome the financial crisis in the country seeking assistance from IMF and friendly countries. The prime minister pointed out that the organizations will be further strengthened to eradicate corruption. He remarked that providing employment opportunities to youth is biggest challenge, saying that the government will provide favorable environment to investors. “Supremacy of law is prerequisite for strong state institutions. CPEC will provide golden opportunities to Pakistan. Striving for revival of politics in Pakistan,” Imran Khan observed. The prime minister informed that the government has initiated project of building 5 million new houses. Pakistan is now safe place for investors, he elaborated to the international community. The prime minister remarked that terrorism has been curbed due to efforts of Pakistan Army and the intelligence agencies in the country. “Pakistan is minerals-enriched country. The government will take steps to promote IT sector and committed to ensure quality education for women,” he said. “Pakistan's strength is overseas Pakistanis and we have to make conditions favourable for them to invest in the country,” he said. “We need Pakistanis to send remittances through banking channels. We need to clamp down on money laundering,” he asserted. PM Imran arrived in Saudi Arabia on Monday on a two-day official visit to attend the investment conference that numerous other world leaders and corporates have skipped over the issue of dissident journalist Jamal Khashoggi's death. Earlier, Khan was welcomed by Governor Faisal bin Salman bin Abdulaziz Al Saud, paid a visit to the Roza-e-Rasool (PBUH) before departing for Riyadh to attend the Future Investment Initiative (FII) conference.