Prudent policies to lead country towards economic stability: PM

Islamabad: Prime Minister Muhammad Nawaz Sharif has said the government is working on strong economic policies, which will lead the country towards economic stability, progress and prosperity of the people.

He was addressing distribution ceremony of 3G and 4G spectrums licenses to the telecom operators in Islamabad Thursday.

The Prime Minister expressed the confidence that introduction of these technologies will help expedite socio-economic progress of the country.

He hoped that telecom operators will provide quality services through 3G and 4G

technology. He said introduction of this technology will help generate hundreds of thousands new job opportunities for youth.

The Prime Minister said the government in the short span of time has embarked upon a number of development projects in various fields including energy, infrastructure development and attracting more foreign investment.

He said the government has taken strict measures to overcome corruption, eliminate terrorism and improve Pakistan’s image at international level.

He was confident that the government at the end of its tenure will give a strong and dignified Pakistan, which will be moving forward on the road of prosperity and progress fuelled by a robust economy.

Nawaz Sharif said a number of short and medium-term power projects have been launched to reduce energy crisis, while a number of long-term projects are in pipeline to launch including Diamer Bhasha and Dassu dams.

He hoped that Pakistan-China economic corridor will open new vistas of economic activities throughout the country including development of Gwadar port.

He said due to viable economic policies, country’s foreign exchange reserves have increased significantly and Pakistani rupee has become more stable against US dollar.

Speaking on the occasion, Finance Minister Ishaq Dar said due to prudent economic policies of the government, Pakistan has become second best country for investment.

He said more than expectation money has been received from the bid of 3G and 4G spectrums. He said that a bid for two other licenses will be floated soon.

Ishaq Dar said mobile companies have promised to introduce 3G and 4G technologies at the earliest to facilitate the people.

The post Prudent policies to lead country towards economic stability: PM appeared first on Pakistan Press International.

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