Minister-Press Reforms agenda for economic stability: Fawad Ch
LAHORE, Sep 30 :Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain has said that the
government was determined to implement a comprehensive reforms agenda to steer the country out of economic and administrative challenges.Addressing a ceremony at a local hotel on Sunday, he said the country’s debts had risen to 28 trillion rupees due to bad economic policies of the previous regimes, adding
that the Pakistan Tehreek-e-Insaf (PTI) government had
decided to utilise the dead assets of the loss-making national
institutions like the PIA, Pakistan Steel Mills, Radio and
Pakistan Railways to generate funds.
The information minister said if the PTI government
resorted to foreign loans, the country’s foreign debts would soar to 40 trillion rupees, adding that the government had invited Saudi Arabia and other countries to invest in Pakistan.
He said the government assigned the best economists and
technocrats the task of restoring the country’s economy
and stemming the rot in administrative affairs.
Fawad Chaudhry said the PTI government was working for a
true change in the country and the austerity drive was part of the government’s mission to save the taxpayers’ money from misuse
The information minister said Prime Minister Imran khan
believed in leading from the front, adding that he had decided
to live in a three-bedroom staff colony house