ISLAMABAD, June 10 (APP): Prime Minister Muhammad Shehbaz Sharif on Tuesday said that all the economic indicators were stable and satisfactory due to the efforts of the government, sacrifices of the people and the stakeholders contributing to the health of the national economy.
Addressing a meeting of the cabinet prior to according approval to fiscal budget of 2025-26, the prime minister said they would deliberate upon the new budget and accord its approval.
He said during the last one and a quarter year, the nation faced a hard situation and challenges, but steering the country out of them was no ordinary achievement.
“The common man and the salaried class gave sacrifices,” the prime minister said, adding that the salaried class was asking the question that they had contributed about Rs400 billion to the national exchequer in the form of taxes and how much the wealthy and opulent had given?
The prime minister, in his address telecast live on national Tv channels, further observed due to the sacrifices of the nation and government’s striving; Pakistan reached at a point to take off as all the stability indicators were satisfactory.
Exports and remittances had increased and showed a quantum jump, with the IT exports ever increasing, he said and stressed that these sectors had potential to further grow.
The prime minister congratulated the nation and the Muslim Ummah on the auspicious occasion of Eid and Hajj.
He said the people of Palestine and Indian Illegally Occupied Jammu and Kashmir were facing worst kind of tyranny and barbarism, the more, they condemned it, the less it would be.
The prime minister said it was a high time for the influential countries to ensure immediate ceasefire in Gaza where the blood of the innocent people blood was being shed.
“Such a spectacle has not been witnessed in the contemporary age,” he said, adding that he had strong conviction that the people of Palestine and Kashmir would get freedom as they had given unprecedented sacrifices.
Prime Minister Shehbaz Sharif reiterated that the people of Pakistan were standing with them.
He further stressed upon focusing on the economic growth and said that in the recent conflict with their enemy, India, despite its bragging of economic and military strength, Pakistan had delivered a crushing defeat in the conventional war.
The prime minister reiterated that Pakistan would not let India to weaponize water as it could not do it and they would take all steps to ensure no interruption of its water share.
He observed that if the same passion with which the entire nation had been galvanized during the armed conflict was manifested in the economic field, they would achieve their objectives as there was nothing impossible.
He also appreciated Deputy Prime Minister Mohammad Ishaq Dar and the provincial governments over their consultations on the water storage issue.
The prime minister commended the finance minister, his teams and all the stakeholders for their efforts in preparation of the fiscal budget.
Earlier, the cabinet meeting with chaired by the prime minister approved the federal budget for the fiscal year 2025-26.
According to sources, the meeting deliberated upon the key budget proposals and layout and accorded its approval accordingly.