Prime Minister Shehbaz Sharif said on Wednesday that the concerns about the International Monetary Fund (IMF) rejecting Pakistan’s proposal for electricity prices have now been brought together.
Speaking at a meeting of the federal cabinet, the Prime Minister said that the director general of the IMF, Kristalina Georgieva, said that the world lender was open to the examination of the Pakistan S power reduction plan ‘It was officially presented.
Shehbaz Sharif noted that during his visit to Dubai, he discussed economic and investment issues with the President of Water Sheikh Mohamed Bin Zayed Al Nahyan, with the army chief, General Syed Asim is also present.
In addition, the Prime Minister met with the director general of the IMF and raised concerns about high production costs affecting industrial growth. “We told the IMF that economic growth is only possible if production costs have decreased,” said Shehbaz, adding that the lender’s response was positive.
He also declared that the IMF had appreciated the government’s performance in implementing economic reforms and, in recognition of these efforts, he had the team’s realization firm applauded during the meeting.
Discussing foreign relations, Shehbaz has reaffirmed Pakistan’s commitment to Saudi Arabia, calling the kingdom of a “fraternal nation of confidence”. He assured that Pakistan would always support Saudi sovereignty and security.
By approaching the humanitarian crisis in Gaza, the Prime Minister reiterated the position of Pakistan at the Dubai summit, stressing that more than 50,000 Palestinians were killed. “It is the genocide in the worst,” he said, expressing the hope of peace in the region.
Shehbaz also underlined an increase in funding, attributing it to the confidence of the Pakistani abroad in the government. He promised new measures to facilitate expatriates.
During the recent Libya tragedy, where several Pakistanis lost their lives while trying an illegal migration, the Prime Minister called for a stricter action against trafficking in human beings, urging the authorities to end the “black market »Who endangers life.
