Country's economy heading in right direction: PM Imran August 14, 2020

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Country's economy heading in right direction: PM Imran August 14, 2020

ISLAMABAD- Prime Minister Imran Khan has expressed satisfaction that the country's economy is heading in the right direction with improvement in revenue collection and exports.

In a televised message on the occasion of Independence Day, he said the confidence of the business community on the economy can be gauged from the recent upsurge in Pakistan Stock Market.

The Prime Minister said we have given unprecedented incentive package to the construction industry which will help uplift forty other allied industries. 

Imran Khan said the tax collection during the last month remained more than the target and hopefully the collection will further improve in the coming months.

The Prime Minister said the country has successfully coped with the threat of Covid-19. 

He said the challenge is still not over and the people should continue to follow the precautionary measures to avoid the spread of the virus.

Referring to the power sector, the Prime Minister said we were generating expensive electricity due to the agreements signed in the past.

This, he said, also resulted in increase of circular debt.