Advertisement
Categories: News

PM Shehbaz Satisfied on Economic Recovery, Calls for Crackdown on Tax Defaulters

Advertisement

Prime Minister Shehbaz Sharif expressed satisfaction over Pakistan’s improving economic landscape while directing authorities to accelerate actions against tax defaulters.

Chairing a meeting to review the economic situation, the PM emphasized the importance of collective tax contributions for national development. “We will not rest until tax evaders and their accomplices are brought to justice,” he asserted.

The Finance Ministry briefed the meeting on talks with the International Monetary Fund (IMF), with PM Shehbaz noting significant progress toward economic stability. He highlighted a booming stock market, reduced inflation (38% to 7%), and a decreased interest rate (22% to 15%) as evidence of recovery.

Foreign investor confidence is growing, and the country’s foreign reserves are strengthening due to record remittances and rising exports. Additionally, agricultural reforms spearheaded by Punjab Chief Minister Maryam Nawaz were praised for boosting sustainable growth and food security.

PM Shehbaz reaffirmed the government’s commitment to public welfare and urged all sectors to contribute actively to Pakistan’s progress.

Advertisement
News Desk

Recent Posts

Federal Government Plans 25% Salary Hike and New Allowances for Employees

The federal government is set to implement significant salary increases and new allowances for its…

2 days ago

Full Justice for May 9 Riots Dependent on Punishing Masterminds: ISPR

Complete justice over the May 9 incidents would be served when the masterminds and planners…

2 days ago

CCP Fines Karachi Dairy Associations for Collusion in Milk Price Hikes

The Competition Commission of Pakistan (CCP) has levied fines on dairy associations in Karachi for…

2 days ago

AKU’s Dr Zulfiqar Bhutta Honoured Globally

In a proud moment for Pakistan and the global healthcare community, Dr Zulfiqar Ahmed Bhutta,…

3 days ago

OGRA Reduces LNG Prices for December

The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in liquefied natural gas…

3 days ago

Trudeau’s Government on Brink of Collapse as NDP Pledges No-Confidence Motion

Canadian Prime Minister Justin Trudeau is on the verge of losing power after New Democratic…

3 days ago