Prime Minister Muhammad Nawaz Sharif has said in unequivocal terms that he will not resign on the demands of defeated elements.  

He was addressing PML-N parliamentary party meeting as president of the party in Islamabad on Friday.

The Prime Minister regretted that some elements fanning political instability and uncertainty are harming the country.

He said the controversial JIT report on Panama Papers case is merely a pack of baseless allegations by opponents.

Nawaz Sharif said the JIT report has no substantive evidence, and there is not a single sentence in the entire report which gives a clue that he is guilty of corruption.

However, he expressed confidence that the Supreme Court will listen to his reservations on the JIT report .

The Prime Minister said he believes in democracy, rule of law and independence of judiciary.  

He thanked the nation and his party members for standing by him with full force.

Muhammad Nawaz Sharif said the stock market, which had reached a record 54,000 points has plunged because of the unscrupulous elements and enemies of progress and prosperity.    

He recalled that before 2013, Pakistan was going to be declared a failed state, but PML-N government not only averted that danger but also brought about an economic turnaround in the country.

The Prime Minister said a number of power projects were launched during his tenure and several of them have been completed. He said the load-shedding will become a tale of the past soon.  

Nawaz Sharif said the government launched operation against terrorists with the cooperation of armed forces and back of terrorists has been broken.    

He said economy is progressing and hopefully, we will achieve the growth rate of six and seven percent and even beyond.

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