Prime Minister briefed on economic progress

07 Feb, 2005

Adviser to Prime Minister on Finance Dr Salman Shah and Minister of State for Finance Omar Ayub Khan called on Prime Minister Shaukat Aziz jointly here on Sunday and updated him on the progress made by the country on the economic front lately. The Prime Minister said that the reforms undertaken in the economic field and continuity and consistency of policies have helped the country achieve a GDP growth rate of 7 percent.
He said the country's economy is fast growing and is poised for even higher growth rate. The state is now set for economic growth to accelerate further with the private sector expected to play a leading role in taking the economy on a higher growth trajectory, he added.
The Prime Minister said, currently the focus is on increasing the revenue generation to meet the development expenditure like construction of roads and highways, provision of gas, electricity and improvement and expansion in health care and education facilities for the people. He hoped that things would improve further in days to come.
The Prime Minister, facilitating members of his economic team on successful launching of Sukuk worth $ 600 million, said the country's economic potential was now recognised internationally as manifested by the launching of these bonds.

Read Comments