Pakistan

Country got out of the risk of default, Prime Minister

Islamabad: Prime Minister Shahbaz Sharif has said that the country has come out of the danger of default due to the difficult decisions of the coalition government. The government is taking measures on a priority basis to reduce inflation and provide relief to the people.

A delegation of the well-known international investment banking and capital markets firm Jefferies met Prime Minister Shahbaz Sharif in which Federal Finance Minister Ishaq Dar was also a participant.

The Prime Minister welcomed the delegation and also invited them to open their office in Pakistan. The delegation welcomed the progress of the country in the direction of economic stability by effectively fighting the economic challenges faced by the country under the leadership of the Prime Minister.

Talking to the delegation, the Prime Minister said that the government is taking all possible steps to stabilize the country’s economy, thanks to the difficult decisions of the coalition government, the country has come out of the danger of default. Efforts are being made to spread false information about Pakistan’s economic situation to create baseless excitement.

He said that the coalition government has saved the country from suffering the consequences of the incompetence of the last four years without considering the political cost.

The Prime Minister said that the government is trying to reduce the foreign trade deficit, providing all possible facilities to the investors to promote foreign investment in Pakistan.

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