Abb Takk News

PM Imran Directs Economic Team To Draft Economic Revival Plan

ISLAMABAD: Amid a sharp economic slowdown, Prime Minister Imran Khan has given directives for drawing up a new economic revival plan – giving an uphill task to his team to find avenues for growth and job creation in the midst of an unprecedentedly harsh International Monetary Fund (IMF) loan programme.

The PM Directions have come up in a meeting with the economic team that was attended by Advisor on Finance Dr Abdul Hafeez Shaikh, Planning Minister Khusro Bakhtyar, Advisor on Commerce Abdul Razak Dawood and other on Saturday.

They discussed the economic situation of the country and a detailed roadmap to improve the economy.

PM Imran has asked economic managers to rewrite the recently approved macroeconomic framework, which has been stamped by the IMF Executive Board hardly two months ago

the prime minister directed Finance Adviser Dr Abdul Hafeez Shaikh to come up with a new revival plan, said sources in the finance ministry. Draft of the plan would be tabled before the PM on Saturday at his Banigala residence, they added.

Talking to media after the meeting, Dr Hafeez Sheikh said that meeting has reviewed the performance of various ministries as the government has allocated Rs 9.50 billion for development projects.

He mentioned that PM had directed to the monitoring of mega projects as he also spared Rs 190 billion for the weak segment of the society.