ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said doing business was not the job of any government and he was determined to ensure that all such activities are handed over to the private sector.
Speaking at a national security workshop of Defence University, the prime minister stressed the need to privatize all the state owned entities “The government’s mandate is only to facilitate the private businesses.”
“We should completely do away with the businesses to save trillions of rupees,” he said.
He said that in 2018 he had suggested the idea of charter of economy and now “We are fully prepared to execute this idea”.
Mr Sharif said that two days back the stock market had witnessed a steep fall of around 4000 points due to the PTI protest. However, when the situation became normal the market rebounded in next couple of days and crossed the 100,000 points which never happened in history of Pakistan.
The prime minister said this was the fact that over a period of time spanning over a decade, the economic progress slowed down rather deteriorated due to various factors.
He said the country was still facing many challenges. “We all know that in June 2023 it was touch and go as Pakistan was at the verge of default due to variety of reasons that we all know.”
He said thousands of people were marching with guns in their hands to Islamabad to create uncertainty and chaos which they really wanted to destroy the government’s untiring efforts in stabilizing the country’s economy.
He resolved to protect the country’s future with the support of all stakeholders. “Together we have to move forward and this can only happen through unity of actions.”
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