"With the grace of Allah, the efforts of the economic team are bearing fruit," said the Prime Minister.
Review Meeting on Economic Growth and Investment Measures Chaired by Prime Minister Muhammad Shehbaz Sharif**
By Imtiaz Ali Abbasi chief Reporter Islamabad
Prime Minister Muhammad Shehbaz Sharif expressed satisfaction over the upgrade of Pakistan's credit rating by the international rating agency, Moody's.
"With the grace of Allah, the efforts of the economic team are bearing fruit," said the Prime Minister.
"I sacrificed my politics for the sake of the country during the previous government," said the Prime Minister.
"Pakistan's economy was saved from default, and after stabilization, it is now on the path to growth," the Prime Minister added.
The positive effects of the government's policy of prioritizing national interests over political expediencies are now becoming visible in the economy, stated the Prime Minister.
Moody's upgrade of Pakistan's rating to Caa 2 is international recognition of the correctness of the government's economic policies, remarked the Prime Minister.
"I hope the economy will continue to progress in a positive direction at the same pace," the Prime Minister added.
"The efforts of the Finance Minister and his team regarding this significant development and the overall improved economic situation are commendable," said the Prime Minister.
"The interest shown by friendly countries in investing billions of rupees in various sectors of the country is a result of the government's business and investment-friendly policies," noted the Prime Minister.
"There will be no acceptance of any delay in the implementation of investment projects from friendly countries," the Prime Minister emphasized.
"All ministers and relevant institutions should take steps to expedite progress on the proposed projects," directed the Prime Minister.
"Pakistan has vast potential for investment in sectors such as information technology, agriculture, minerals and precious stones, and energy," said the Prime Minister.
"Foreign investment in these sectors will not only increase national exports but also create employment opportunities for millions of young people," stated the Prime Minister.
A review meeting on measures for economic growth and investment, chaired by Prime Minister Muhammad Shehbaz Sharif, was held today in Islamabad.
The Prime Minister was briefed on the improvement in Pakistan's rating by the international rating agency Moody's, the progress on investment agreements with friendly countries in various sectors, and the ongoing projects. The meeting was also informed about the progress of projects under the second phase of the China-Pakistan Economic Corridor.
The Prime Minister instructed that transparency should be given key importance in all projects and that their implementation should be ensured on a priority basis.
The meeting was attended by Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Federal Ministers Jan Kamal Khan, Ahsan Iqbal, Muhammad Aurangzeb, Attaullah Tarar, Sardar Owais Khan Leghari, Dr. Musadik Malik, Abdul Aleem Khan, Ministers of State Ali Pervaiz Malik, Shaza Fatima Khawaja, Deputy Chairman of the Planning Commission Jehanzeb Khan, Prime Minister's Coordinator Rana Ehsan Afzal, and other senior officials.
