ISLAMABAD, Oct 31 (APP): Prime Minister Imran Khan on Thursday said that fruitful results of economic policies of government of Pakistan Tahrik-e-Insaaf are increasing wealth creation for overall improvement of economy and serious steps are being taken to improve the socio-economic conditions of people of Pakistan.
He expressed his views while addressing an exhibition on business reforms in Islamabad.
He said industrialization is pivotal for improving the economic situation of country and wealth creation leads to more development of the economy. “Our government is increasing and strengthening tax collection network and with higher revenue collected from taxes, the government can launch projects on poverty eradication and social welfare” he added.
Prime Minister expressed that despite having a narrow fiscal space, the incumbent government launched a large social welfare program titled Ehsaas, under which various projects are being launched for poverty alleviation and welfare of public.
Terming youth of the country as a great asset, the Prime Minister said programmes have been launched the harness the potential of this important segment of population for growth of economy. He said similar efforts are afoot to bring the women in mainstream.
The Prime Minister said we cannot invite investment unless foreign investors have trust on governance and justice system in the country.
He said Pakistan was among the fasted developing nations in 1960s due to efficient bureaucracy and governance. However, our society declined over the subsequent years due to corruption, bad governance and weakening of institutions.
On this occasion, World Bank President David Malpass, Advisor to PM on Trade and Commerce Abdul Razzak Rawood, Revenue Minister Hammad Azhar, Sindh Chief Minister Syed Murad Ali Shah and high officials of Government of Pakistan were also present.
VNS, Islamabad
