NEC approves two point five trillion rupees PSDP for next financial year
Addressing the National Economic Council meeting, Prime Minister Nawaz Sharif says Pakistan’s economic indicators have significantly improved and this is acknowledged by international financial rating institutions. National Economic Council approves Annual Development Plan for next financial year. The approval was given in a meeting presided over by Prime Minister Muhammad Nawaz Sharif in Islamabad. PM says the GDP growth rate of 5.28% for the current financial year is commendable. The Prime Minister informed the participants of the meeting that China-Pakistan Economic Corridor projects are being completed on fast track basis.
Host: Umer Iftikhar
Co-host: Fauzia Shahid
Analyst on Telephone:
Dr. Shahid Hassan Siddiqui (Economic Expert):
We have spent 4 years in stabilization and now it is time for development. If we properly capitalize opportunities offered by CPEC, it will be a fate changer for Pakistan. We should increase our national investments and tax net. After doing that we will be able to allocate more funds for federal and provincial developmental projects. We should reduce imports and enhance exports of our country. We should focus on agriculture sector, which has immense potential. May be, our parliamentarians are not ready to impose taxes on all types of income.
Pakistan Seeks France’s Cooperation in Peaceful Use of Nuclear Technology
Pakistan conveyed its desire to France during a meeting in Islamabad. Pakistan has sought France’s cooperation in peaceful use of nuclear technology and support for its membership of Nuclear Suppliers Group. Pakistan conveyed its desire to France during a meeting in Islamabad today to discuss issues related to nuclear disarmament and non-proliferation. The French delegation was headed by Assistant Secretary of State for Strategic Affairs Nicolas Roche, while Ambassador Tasnim Aslam represented Pakistani side. The two sides had a detailed, constructive and candid exchange of views on a wide range of issues, including emerging threats to strategic stability at the global level as well as in their respective regions