ISLAMABAD: Prime Minister of Pakistan Shehbaz Sharif has said that Pakistan will give Visa free entry to the entrepreneurs from friendly countries.
In his maiden speech in the National Assembly today, Prime Minister categorically stated that they have no personal egos and the other side also needs to follow the suit for the sake of Pakistan. He mentioned that they had earlier proposed Charter of Economy for the country’s benefit.
Shehbaz Sharif said people have given a split mandate in the general elections; and those having reservations about election results need to approach the appropriate forums.
He emphasized the destiny of the country can be changed and it can be taken to the path of self-reliance through collective decisions.
Highlighting his government’s priorities, the Prime Minister-elect announced plans and reforms to address challenges in different sectors.
the Prime Minister pointed out that the country is indebted to 80,000 billion rupees of internal and external loans, and this situation warrants deep surgery.
The Prime Minister-elect said a revenue of twelve thousand and three hundred billion rupees is expected during the current fiscal year. He said after distribution of resources to the provinces under the National Finance Commission Award, the federal government will be left with seven thousand three hundred billion rupees. He said eight thousand billion rupees are required for payment of interest. Shehbaz Sharif directed the Federal Board of Revenue to ensure pending tax refunds in the next ten days. He said his government will put in the best possible efforts to enhance revenue that would lead to reduction in inflation and create employment opportunities..
Shehbaz Sharif said the circular debt in power sector has climbed to two thousand and three hundred billion rupees. He said action will be taken against power pilferage.
The Prime Minister-elect said he himself will monitor the action against power theft and tax evasion. He directed the energy companies to lay down a network of renewable energy projects to provide affordable electricity to consumers.
the Prime Minister-elect expressed commitment to provide direct subsidy to farmers on fertilizers. He said the government will launch a Solar Tube-well Programme and try to provide high quality imported seeds to farmers free of cost for first time. He said livestock farming will be promoted under Special Investment Facilitation Council.
Shehbaz Sharif said establishing a network of efficient public transport system in collaboration with the provincial governments will be another priority of his government. He said state of the art new hospitals will be established at the federal level and in the provinces to provide better health facilities to people.
