ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani has said that
Pakistan’s foreign exchange reserves have exceeded 18 billion dollars
mark which is a record level in the country’s history.
The Prime Minister was talking to Sardar Shahjehan Yousuf, Minister of State who called on him at the PM’s House.
He
pointed out that this achievement has been made despite major economic
challenges like devastating floods of the last year, abnormally
escalating prices of fuel in the international markets and global
recessions.
The Prime Minister said that some quarters have
given a number hoax calls now and then about change of Government which
proved completely baseless. However, it casted negative impact on the
investment as well as on the economy yet the Government’s prudent
economic policies have succeeded in stabilizing the economy and
ensuring economic progress. The achievement of all time high foreign
exchange reserves is an evidence of the soundness of Government’s
economic strategy, he added.
The Prime Minister declared that
funds have been allocated for acquisition of land to start work on the
Express Way from Islamabad-Peshawar Motorway to Mansehra which will
reduce the traveling time and accelerate the economic activity in the
region. He said that the Government is paying special attention to the
development of the underdeveloped regions with a view to bring these at
par with the developed region of the country.
The Minister
appreciated Prime Minister’s address at De-radicalization Conference
and viewed it true representation of the Pakistani public on issues of
security and sovereignty of the country. Sardar Shah Jehan Yousuf also
submitted a number of proposals regarding development work in his
constituency. Matters relating to constitution of ERRA Board and ERRA
Council were also discussed in the meeting. Online
