PM Kakar stresses long term policies to steer country out of economic challenges

Business Oct, 9 2023
PM Kakar stresses long term policies to steer country out of economic challenges
  • 140
  • 0

ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar stressed upon formulation of long-term policies to address deep-rooted economic challenges faced by country.

He said that economic continuity, privatisation, external debts, agriculture, services delivery, production of goods, tax net and private businesses were some of key issues upon which upcoming elected government should focus.

During an interview, he said that caretaker government during its short period, would set priorities and would do ‘what is doable’ while for long term policies, would be leaving behind drafts for succeeding elected government.

PM Kakar said contrary to history of Pakistan, US governments also took debts to tune of billions of dollars but they had utilised them for boosting its economy and now they had an economic cycle in which their different sectors were thriving.

Interim PM said that he himself would vote for that party in general elections that would have an economic revival plan.

To question about Palestine issue, he reiterated that Pakistan had consistent policy under which they always expressed solidarity with Palestinian people.

He said that they made certain administrative interventions to stop mess in different sectors and cited recent steps taken against smuggling of different kinds of items in country.

He said that they held meetings on energy issues and considered different factors including conditionalities of IMF, circular debt, IPPs’ role, investment, agreements, costly generation of power and power theft issues.

Responding to query, he maintained that he was apolitical, however, after completion of his tenure as caretaker PM and in post-caretaker scenario, he would like to play political role in future to shape public opinion which was main responsibility of politician.

He expressed determination that there was no soft corner for terrorist elements and they would not spare anyone to carry out terrorist activities against country and its people.

About deportation of illegal foreigners, he said they were taking actions against all those illegal aliens who had neither legal documents nor part of data system.

 

Published in The Daily National Courier, October, 10 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Desk
NC Desk https://www.dailynationalcourier.com/author/nc-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

PM Shehbaz calls for nationwide programme to overcome child stunting

ISLAMABAD: Prime Minister Shehbaz Sharif directed authorities concerned to launch nationwide programme, in coordination with provincial governments to overcome challenge of ch...

Justice should not be swayed by personal preferences: Kh Asif

ISLAMABAD: Pakistan Muslim League-Nawaz leader Khawaja Asif asserted that justice should not be swayed by personal preferences or judge’s mood, emphasising impartiality...

CM Murad wants ‘complete control’ over street crimes

KARACHI: Sindh Chief Minister Syed Murad Ali Shah directed Inspector General of Police Ghulam Nabi Memon to have ‘complete control’ over street crimes and other cr...

People’s Bus service to be launched from Sukkur to Larkana

Karachi: Sindh senior Minister for Information, Transport, Mass Transit and Excise, Taxation, and Narcotics Control Sharjeel Memon in meeting of Transport Department here said...

More like this
Related

Minister says no talks held with IMF regarding electricity rate hike

ISLAMABAD: Power Minister Awais Ahmad Khan Leghari clarified that no talks were held with International Monetary Fund (IMF) regarding increase in electricity prices. In messag...

KSE-100 extends gains, closes to 267pts

Karachi: KSE-100 index closed in green as it gained 267 points to settle near 75,000, following buying spree on some positive indicators. Index briefly crossed 75,000 for seco...

Dar lauds EXIM Bank’s robust support for development projects

ISLAMABAD: Chairman of EXIM Bank of China Wu Fulin called on Deputy Prime Minister and Foreign Minister Ishaq Dar in Beijing. Foreign Minister and Chairman EXIM Bank discusse...

IMF urges Pakistan to raise GST to 18% for economic stability

ISLAMABAD: International Monetary Fund (IMF) mission has ‘asked’ Pakistani authorities to increase general sales tax (GST) to 18 per cent.  The demand was put...
Need Help? Chat with us