Prime Minister Shehbaz Sharif on Thursday commended China for continuously extending support to Pakistan despite the agreement with the International Monetary Fund (IMF).
Addressing an event in Islamabad in connection with China’s 75th National Day, the premier talked about the China-Pakistan Economic Corridor (CPEC), saying, "The IT, minerals, and other sectors will be promoted during the second phase of the CPEC.”
“We are looking forward to welcome the Chinese premier next month,” said the premier.
Meanwhile, expressing his thoughts, President Asif Ali Zardari said: “China has bagged a landmark achievement on the economic grounds.”
“The CPEC projects will ensure prosperity in Pakistan,” maintained the president.
– PM calls for political stability, continuity of policies –
Separately, few days back, PM Shehbaz said that the political stability and continuity of policies are vital for progress of the country.
He expressed these views while addressing a dinner hosted in the honor of parliamentarians from the coalition parties in Islamabad last night.
The Prime Minister said the decline in the inflation rate to 9.6 percent during August is a reflection of the government's policies for the improvement of the economy. He said the prediction of economic experts for further reduction in the inflation rate during the current month is also good news for the nation.
The Prime Minister said the government's struggle to save the country from default remained successful by the grace of Almighty Allah and the positive results of government's economic reforms are reaching out to the people in terms of their prosperity.
Shehbaz Sharif said the process of digitization of the economy is underway whereas the right sizing and downsizing of the government has been initiated to curtail its expenditures and size.
Regarding the electricity tariff, Shehbaz Sharif said the government is taking steps to provide relief to the poor and low-income segments of society.
