President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said the number of tourists is increasing significantly, opportunities of trade and industry are far better at present than ever before.
He said that due to business friendly policies of PML-N government, every sector including agriculture, trade and industry has shown growth. GDP has increased by 5.8 percent, manufacturing sector has grew by 5.27 percent, revenue collection has increased by 100 percent and the poverty has reduced by 10 percent.
While talking to the business community, he said foreign reserves were only six billion dollars when the government took over which has reached and touched the highest level of the history i.e., US 25 billion dollars, however due to decline in exports, huge imports due several ongoing development projects in the country and political instability, the foreign reserves are again on decline.
He said the $75 billion CPEC project signed with China is matchless and marvellous achievement of this government.
The whole of the country will be connected through motorways, highways and upgraded railway lines under CPEC, which will faster commuting, transportation, easy access of local and international markets and developed tourism.
With $35 billion investment in energy sector, energy crisis has reduced to a greater extent. 29 new universities are being established improving the country's education. Pakistan is among the five top most countries received the maximum private investment including Jordan, Indonesia, Brazil, Urdan and China.
When PML-N took over the government, terrorism in the country was at its peak, foreign investors and even elite rich of the country were leaving the country taking their investment out of businesses and shifting their industries, trades and businesses to other countries.
By the launch of operation Zarb-e-Azb and Radd-ul-Fasad in the country, peace has been restored by the grace of Allah, for which we commend the armed forces civilian government.
However exports reduced to $21 billion, rupee devalued, state owned institutions could no avoid the annual loss of Rs 500 billion and circular debts have reached to new heights in the last five years of this government.
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