ISLAMABAD: The national economy is facing grave challenges and we need to jointly work by removing political differences, Prime Minister Shehbaz Sharif told the chief ministers of all four provinces here on Thursday.
The prime minister said that the chief ministers of the provinces should work for recovery of the economy in collaboration with the federal government for the good of the masses.
He was speaking at the introductory meeting of the apex committee of Special Investment Facilitation Council (SIFC) here. He said deep rooted structural reforms are inevitable to ensure macroeconomic stability in the country. Chief ministers of Punjab, Sindh, Balochistan and Khyber Pakhtunkhwa, Maryam Nawaz, Murad Ali Shah, Sarfaraz Bugti and Ali Amin Gandpur, respectively, attended the SIFC meeting.
He underscored the need to introduce structural reforms, including digitization in the Federal Board of Revenue, to bridge the gap between receipts and expenditure. He said 1,350 billion rupees can be saved by addressing such challenges.
Chief of Army Staff General Syed Asim Munir reassured the fullest support of Pakistan armed forces to backstop the economic initiatives of the government and ensure the provision of safe, secure and conducive environment to nurture country’s true economic potential.
The meeting was briefed about the recent talks with the IMF and a plan prepared by the economic team of the government to tackle issues of the national economy and the challenges ahead.
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