• Saturday, April 20, 2024

Business

Pakistan heading towards economic stability, says prime minister Khan

Pakistan’s former prime minister Imran Khan (Photo by Chip Somodevilla via Getty Images)

By: Shilpa Sharma

PAKISTAN prime minister Imran Khan said the country is moving towards economic stability and called for ease of doing business for investors.

“As the country at the moment is moving towards economic stability, investment is the most important factor in sustaining this stability and achieving rapid economic growth,” he said, while presiding over a ministerial meeting on Thursday (10).

Khan directed all federal ministries and provincial governments help promote investment and achieve targets.

The Board of Investment (BOI) secretary briefed the meeting about the measures taken to remove hurdles in the way of trade and investment.

These included amendments to laws, ease in the tax collection system and easy procedures to secure no-objection certificates (NOCs) from various departments.

In a separate meeting with a delegation of foreign investors, Khan said the government’s pro-investor policies led to the revival of investors’ confidence.

Enhanced investment in multiple sectors also led to the creation of job opportunities and economic development in the country, he added.

 

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