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PM vows to overcome prevailing economic situation

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Prime Minister Shehbaz Sharif has expressed hope that government will overcome the current economic situation and public will be provided relief.

In a video message after the cabinet meeting in Islamabad today [Tuesday], he said due to imprudent economic policies of previous government, the country is suffering from a crisis.

The Prime Minister said despite increasing prices of petroleum products in international market the previous government decreased the prices which worked as mines for incumbent government.

Shehbaz Sharif said affluent people will be taxed to provide relief to the poor class of society. He said government is already providing additional two thousand rupees to BISP registered families. He expressed hope that well off segment of society will cooperate with government.

The Prime Minister said that his government has taken difficult and bold decisions and hinted that if required in future, they will not budge from taking the necessary steps to set country’s economy on the right track.

About the International Monetary Fund agreement, the Prime Minister observed that the previous government had promised to increase prices and impose taxes, but they retracted and violated the pact which they ought to abide by.

Shehbaz Sharif said that due to such ploys by the previous government, today, the country is facing difficulty with the IMF.

Source: Radio Pakistan

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