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five-year economic roadmap finalized by PM Shehbaz Sharif

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9 months ago

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While presiding over a high-level meeting in Islamabad to discuss the five-year economic blueprint for the nation’s growth, the premier gave these instructions.

A five-year economic strategy was given during the summit, with an emphasis on lowering inflation, addressing poverty, and creating jobs.

The prime minister declared that before to putting this plan into action, all relevant parties from various economic sectors have to be consulted.

He placed a strong emphasis on taking urgent action to advance technology, agriculture, livestock, foreign investment, and both small and large-scale companies.

Shehbaz Sharif expressed optimism that the country’s economy will stabilize and move toward development over the course of the next five years.

He declared that public funds would not be squandered and that the administration would cut back on expenditures.

According to the prime minister, innovation and modernization across a range of industries, particularly agriculture, would raise income and yield per acre. He said that state-owned businesses that are losing money will be sold off first.

After meeting with all relevant parties over the suggested steps for the growth of the economy, Prime Minister Shehbaz Sharif instructed the concerned officials to create a comprehensive strategy.

Measures pertaining to energy, agriculture, livestock, exports, small and medium-sized businesses, taxes, information technology, investment, and privatization were informed on at the conference.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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6 days ago

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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6 days ago

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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6 days ago

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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