City of Lights Karachi is Gateway to Pakistan, says PM Shehbaz Sharif
KARACHI (92 News) - Prime Minister Shehbaz Sharif has said that the City of Lights Karachi is Gateway to Pakistan and earning city.
Addressing a ceremony of the Karachi Chamber of Commerce and Industry (KCCI) on Wednesday, he said that traders and industrialists have the status of backbone in the economy of the country.
"The IMF has tried our hands. Inshallah, we will come out from the vicious circle of the IMF. We will have to jointly find out a solution to the problems instead of indulging in the blame-game," he added.
He said that all stakeholders will have to take Pakistan forward despite all difficulties. "No doubt we lag behind our neighbouring countries with regard to the economy," he maintained.
APP adds: The prime minister said restoring the confidence of investors and the business community was the greatest achievement. He said the government would miss no opportunity for economic recovery, restoration of confidence of international partners, investors and the business community.
He said that a Special Investment Facilitation Council had been established for foreign direct investment in Pakistan. He acknowledged that the business community did not only provide employment opportunities in the country but also becomes a source of foreign exchange by enhancing exports.
Headed by Chairman Muhammad Aurangzeb, the PBC delegation appreciated the federal government’s efforts for economic revival during the last year.
They also lauded the government for successfully signing the agreement with the International Monetary Fund and appreciated the incorporation of the business community’s proposals in its policies.
The prime minister welcomed the PBC’s proposals and appreciated the business community’s role in the country’s socio-economic development.
Federal ministers Marriyum Aurangzeb, Engineer Khurram Dastgir, Minister of State Dr Musaddik Malik, Sindh Governor Kamran Tessori, Sindh Chief Minister Syed Murad Ali Shah, State Bank of Pakistan governor, parliamentarians and senior officers attended the meeting.
