Economic woes will not end until there is political stability (PM Shehbaz – Pakistan)


Prime Minister Shehbaz Sharif said on Tuesday that Pakistan will not emerge from its current economic difficulties as long as there is political instability in the country.

“The country can only progress if reforms are implemented,” the prime minister said while addressing participants at a pre-budget business conference in Islamabad.

The Prime Minister welcomed the suggestions put forward by the business community, saying they should be implemented to pull the country out of the economic crisis.

The Prime Minister urged all stakeholders to sit down and design a future strategy, adding that every democratic government should complete its constitutional mandate.

He said the government will form an agriculture and export task force to formulate comprehensive plans to improve exports and agricultural output.

He said Pakistan’s agricultural sector has immense potential to boost the economy. “The progress of rural areas is the hour need for a prosperous Pakistan as 65% of the population lives in villages,” he added.

The prime minister said the government would continue to seek advice from the business community in designing the economic strategy.

He urged the business community to come forward and play their part in the development of the country.

On the foreign front, Prime Minister Shehbaz said the previous government had damaged relations with friendly countries, but the current government was taking practical steps to restore relations.

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