Tangible steps underway to fix economy: PM

Staff Report

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday said that the government was taking tangible and necessary steps to strengthen the economy and prioritizing reduction in unnecessary imports by enhancing exports.
The prime minister said that the incumbent government also faced the issues of mismanagement of the previous government, adding still in the face of such issues, the government was committed to improving the country’s economy with strenuous efforts.
The prime minister was talking to a delegation of Rothschild and Co, one of the world’s largest independent financial advisory groups, that called on him, PM Office Media Wing said in a press release.
The meeting was attended by Minister of State for Fi-nance Dr Ayesha Ghous Pasha and other relevant officials.
Talking to the delegation, the prime minister mentioned that Pakistan faced natural calamity in the shape of recent floods spurred by the worst climate changes. The delegation termed the economic situa-tion in Pakistan as stable and said that its talented manpower was its real strength. The present government was taking steps to take the economy on the right path, they observed.

They also commended Pakistan Stock Exchange as among the best-performing stocks in the region. Pakistan had also created awareness, in an effective manner, about the impacts of the climate changes at the global level, they said.