Tasneem Ahmed Qureshi, State Minister for Productions and Industries, stated on Thursday that the current administration made great efforts to improve the nation’s economy, which had been The former Pakistan Tehreek-e-Insaf government’s bad policies caused ruin.
Speaking to APP, he stated that maintaining political stability was crucial to bolstering national Boost the nation’s development and prosperity, draw in investment, and the economy. Political stability must exist for there to be economic stability, and vice versa. are connected to one another,” he added.
In a situation where there was political instability in the country, the political opponents were hatching conspiracies everywhere and misleading the nation; nobody would be eady to invest in the country, he observed.
Putting responsibility of current economic crisis on the past regime, the state minister
said it breached its own agreement with the International Monetary Fund (IMF) due to
which it was now hesitant to resume its agreement.
However, he said the incumbent government had met all the conditions of IMF and
hoped that the programme would resume anytime very soon.
He condemned and said that May 9 incident was a shameful act, adding that a patriot
citizen could not even think of what happened on May 9. People involved in the incidents
were in fact enemies of the country, he added.
Regarding the ongoing projects in the federal capital, he said that prime minister had
informed that all the projects facing delay would be completed by next month and electric
buses would also arrive by July 15.
Tasneem Ahmed Qureshi said that metro project was also totally ignored by the previous
regime but the current government revived it within days after coming into power.
He said the government had purchased crude oil from Russia at least $15 per barrel
less than the international price.
He also appreciated the coalition government for presenting a pro-poor budget.
The government had raised salaries of government employees by 30 to 35 percent
and pensions by 17.5 percent which was a big relief to government employees, he added.