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Monday 3rd October 2022 / 7 Rabiulawal 1444

PM Shehbaz to review progress on CPEC in Gwadar today

GWADAR: Prime Minister of Pakistan Shehbaz Sharif will arrive in Gwadar today for a one-day official visit to review the progress being made on the China-Pakistan Economic Corridor (CPEC).

According to details, Prime Minister Shebaz Sharif will arrive in Gwadar for a one-day official visit and preside over the high-level meeting. The Prime Minister’s day will be very busy in Gwadar.

Earlier, Prime Minister Shehbaz Sharif said that the conditions with the International Monetary Fund(IMF) have been finalized and the deal with the Fund will close soon.

Read more: Deal with IMF to close soon as conditions have been finalized: PM

Addressing the Senators of the Pakistan Muslim League (Nawaz), the prime minister said that the country could still face the difficult times ahead due to the inherited inefficiency of the previous government, however, the coalition government would brave every challenge effectively.

He pointed out that the government of Pakistan Tehreek-e-Insaf had struck a deal with International Monetary Fund (IMF) to pass on the change in fuel prices and had accepted to raise the Rs. 30 petrol levy and sales tax by 17 percent.

However, he said, the deal was quashed and the previous government had suddenly reduced the prices this March at a time when the petrol prices skyrocketed globally.

This abnormal imbalance left the country in a difficult economic situation, he said.

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