Federal budget to fix long-term economic ailments: PM Shehbaz
Says economic development linked to political stability: Economy direly needs reforms and charter of economy only way forward: Pakistan highly values its bilateral ties with Kazakhstan
By News Desk
June 10, 2023 11:32 AM
Prime Minister Shehbaz Sharif has said that the country’s economy direly needed reforms, which in turn, could be undertaken in a stable political environment as the economic development was intrinsically linked to political stability.
The prime minister maintained that the making of budget (FY2023-24) was particularly a difficult task in view of the persistent challenges arising out of the flood-related relief and rehabilitation, global supply chain disruptions and geostrategic upheavals. “Never-ending headwinds of political instability created by Imran Niazi damaged the economy and created uncertainty, as the country remained on the boil for well over a year,” he regretted.
PM phones Kazakh president
Prime Minister Shahbaz Sharif on Saturday underscored that Pakistan deeply valued its bilateral relations with Kazakhstan. The prime minister held a telephonic conversation with President Kassym-Jomart Tokayev of Kazakhstan.
Highlighting the importance of increasing tourism and enhancing people to people contacts, the prime minister expressed satisfaction that flight operations between two countries would commence soon, PM Office Media Wing said in a press release.
The two leaders agreed on the need to further expand bilateral cooperation in the fields of energy, agriculture, IT, textiles, and energy.
Characterizing Pakistan as an important country in the region, the Kazakh president expressed his country’s desire to further strengthen their long standing bilateral ties.
The prime minister also invited the Kazakh president to pay an official visit to Pakistan at his earliest convenience.