Islamabad: Prime Minister Shehbaz Sharif has said that he took bitter and difficult decisions for the economic security of Pakistan, the fruits of difficult decisions are coming in the form of economic stability.
Prime Minister Shahbaz Sharif visited the Federal Board of Revenue headquarters. Speaking on the occasion, the Prime Minister said that FBR is the backbone of the country’s economy, automation and digitization of FBR is the top priority of the government.
The Prime Minister directed to release 2 billion rupees immediately to develop the Web Based One Customs System (WeBOC) on modern lines. The Prime Minister directed the Chairman FBR to increase the tax base and bring the identified persons into the tax net immediately and said to meet the owners of flour mills and solve all their legitimate problems.
Prime Minister Shehbaz Sharif expressed satisfaction over the staff level agreement between Pakistan and the IMF and said that the IMF has expressed its willingness for a 37-month loan program with Pakistan under which Pakistan will receive $7 billion. .
He said that bitter and difficult decisions have been taken for the economic security of Pakistan. The fruits of difficult decisions are coming in the form of economic stability. Grateful to IMF for support.
He said that the government is continuing to work on the fundamentals to improve the economy, the IMF program will strengthen fiscal and monetary policy in Pakistan along with broadening the tax base. During the year, Pakistan’s foreign exchange reserves improved and economic stability was boosted.
The Prime Minister said that the new loan program will lead to economic stability in Pakistan, God willing, the era of debt relief and economic prosperity will come soon. It is our determination to take Pakistan from stability to a strong and sustainable recovery. One day we will be free from debt.
Shahbaz Sharif said that the government is rapidly advancing the agenda of economic reforms, these measures will help to strengthen the economic foundations of the country and define the paths of sustainable development and prosperity for the citizens. The low income section of the country was supported by strictly adhering to the targets.
He said that we stabilized the exchange rate to improve the economy, took steps to achieve sustainable growth, Pakistan has to move beyond the stage of stability to a strong economy, Inshallah our steps will lead to economic development. The journey will be complete
