Govt working to make Pakistan economically self-reliant: Asad

Govt working to make Pakistan economically self-reliant: Asad

Finance Minister Asad Umer says the government is working on a comprehensive economic revival plan to put Pakistan on the path of self-reliance.

Speaking at the launching ceremony of annual report of Burki Institute of Public Policy in Islamabad on Wednesday, he said our friendly countries including Saudi Arabia, China and the UAE have generously supported Pakistan in dealing with the current account and fiscal deficit.

He said we are thankful to our friends but our next priority is to take all the hard but corrective measures to revamp our national institutions on strong footings so that we are not again put into a situation where we need emergency financial cushion from abroad.

Touching upon the CPEC, the Finance Minister said this mega project holds a very strategic status for Pakistan to improve its connectivity with the regional countries and beyond to reap the fruits of the up-coming opportunities in South and Central Asia.

He said Pakistan does not only want to be a beneficiary of CPEC but it also intends to be a valuable contributor to supplement the benefits of this vital project. He said we not only want to reach North and South through CPEC but also approach westwards to achieve maximum opportunities of socio economic development.

Asad Umer said Pakistan is also working on a plan to bring forward other parties to invest in various projects along CPEC route to generate more economic activities and jobs for our youth.