Govt to focus on ‘long-term’ trade policies, says PM

ISLAMABAD: Prime Minister Imran Khan has highlighted the need to formulate and adopt ‘long-term’ trade policies to significantly improve the country’s economic conditions.

invest with imarat

Islamabad’s emerging city centre

Learn More

The premier insisted that Pakistan was struggling with economic challenges due to the absence of long-term policies. “China is progressing by adopting long-term strategies… now we are heading towards adopting the same approach,” he said while addressing a ceremony held to distribute Rs30 billion refund cheques of sales and income tax among prominent exporters.

Khan further stated that regional competitors such as India and Bangladesh have progressed by going ahead with the same approach.

Speaking on the current economic situation of the country, the PM said that while the incumbent government had inherited a depleted treasury with bare minimum foreign exchange reserves, he was pleased with the rate of increase in investors in the stock market.

“For the first time in four years, the current account deficit has turned into surplus,” he claimed.

For more news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

13 hours ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

1 day ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

2 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago

Model Town Gujranwala: A Well Planned Residential Area

Model Town, located in the heart of Gujranwala, is one of the city’s most prestigious…

2 weeks ago

Senate Greenlights Special Courts for Swift Resolution of Overseas Pakistanis’ Property Cases

ISLAMABAD, Pakistan— In a major move to address the longstanding grievances of overseas Pakistanis, the…

2 weeks ago