Pakistan has strengthened its economy significantly: PM

ISLAMABAD: Prime Minister Imran Khan said that Pakistan has strengthened its economy significantly.

The prime minister while addressing a ceremony for the signing of different agreements between Pakistan and China in Islamabad said that Investors were now arriving in the country.

He said, “The global alliances like International Monetary Fund (IMF), Asian Development Bank (ADB) and World Bank (WB) have accepted that Pakistan is on right direction.”

He highlighted the efforts of the economic team which played a vital role in stabilizating the rupee.

Also read: PM takes notice of delay in Pak Citizen Portal’s complaints

Imran Khan  said, “Pakistan has successfully steadied its economy besides stabilising the value of its currency by the fruitful efforts of its economic team amid severe financial pressure after consistent rise of dollar against rupee during previous three months.”

He added, “Economic situation will further improve after investment comes to the country.”

Also read: Pak-China relation to boost higher education: Chinese Ambassador

He further added, “Our government is providing facilities to industries besides providing ease of doing business to foreign investors. We are creating a viable environment for investors to get all facilities in the country.”

Khan said that now tyres would be manufactured in Pakistan and would no longer be smuggled.

He added, “This will benefit the country in two ways. Firstly, we won’t have to import tyres. Secondly our exports will increase which will decrease our current account deficit and reduce the inflation.”

Commenting over the bilateral ties with Beijing, the premier said that Pakistan’s relation with China is standing on its highest status which had not been witnessed in past.

Khan said that in future they would be focusing on providing job opportunities to the youth by bringing in the investment.