Reforms agenda for economic stability: Fawad Ch

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APP28-30 LAHORE: September 30 - Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain addressing during a reception in a local hotel. APP photo by Rana Imran

 

LAHORE, Sep 30 (APP):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
and misappropriation.
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 as the prime
minister is a symbol of simplicity.
“PM Imran Khan declined 1,100-kanal majestic Prime Minister’s
House residence and set an example for masses to adopt austerity,” he added.
Fawad said PM Imran Khan had emerged as a leader of the
middle class in the country, adding that the middle class wanted
to get rid of exploitative system, as they are dissatisfied with the prevalent system, and the PTI government was struggling to change it.
The information minister said that Prime Minister Imran Khan
had full faith in his team, adding that the government was working
to bring about a real change in society.