Govt Economic Policies Restore Investors' Confidence: MPA

Govt economic policies restore investors' confidence: MPA

PESHAWAR (Pakistan Point News - APP - 11th Nov, 2016 ) : Member Provincial Assembly and leader of PMLN, Seleh Muhammad Khan said Friday that Pakistan image has been improved internationally and confidence of investors restored due to bold economic and security polices of Federal Government being praised by the national and international organizations worldwide. He said Pakistan become the first choice for international investors due to successful economic and monetary policies of PMLN Government and foreign investors are taking keen interest to invest in Pakistan following CPEC agreements with brotherly country China.

An exclusive interview to APP, Saleh Muhammad said Pakistan's economic and monetary achievements has been appreciated by French Finance Minister, Michel Sapin and IMF Managing Director Christine Lagarde, which reflected the overwhelming confidence of international community in the policies of PMLN Government. The bold economic policies of the federal government has improved Pak Rupee against US $ and remained stable at Rs 105 during the last three and half consecutive years as Pakistan economic outlook and foreign reserves has significantly improved, he maintained.

"Pakistan has very negative perception for foreigners due to extreme wave of terrorism and militancy before 2013, adversely affected its socio-economic sectors including tourism, economy, and foreign investment and foreign investors were reluctant to invest in the country." The PMLN Government after coming to power took significant decisions not only exterminating the menace of terrorism and addressedthe grave problem of energy shortfall besides laid the networks of highways and motorways to accelerate pace of development and provide congenial environment for investors.

CPEC, Operation Zarb-e-Azb in North Waziristan, restoration of economy, mega energy projects, motorways etc had restored the confidence of the world in Pakistan being a safe and investment friendly country, he eleborated. Following CPEC, he said, the other countries and donor agencies/monetary institutions are now prefering Pakistan than any other countries of South Asia for investment and the country has emerged as first choice for investment.

The price of foreign visa for labourers has been reduced internationally and our labourers, Pakistanis professionals were coming back due to increase in job opportunities in the country, he maintained. He said load shedding which was 18 to 20 hours before 2013 has been significantly reduced to only three hours in cities and four to six hours in villages these days due to improved energy situation in the country. The MPA praised PM Nawaz Sharif for further reducing load shedding in the country that would help promote industries, agriculture and domestic consumers besides boosting infant industries and improved income of farmers.

The PMLN leader said successful operation Zarb e Azab has broken the back of militants and restored peace in FATA, Khyber Pakhtunkhwa and gave a strong message to the world that Pakistan is no more insecure state as being considered before 2013 and the overall law and order situation today was far better than 2013. The MPA said Pakistan was nearer to be declared bankrupt and default country before 2013 but our Government accepted this massive challenge and put the economy back on path of economic and monetary development. He said opposition was sacred of PMLN Development and knew that if we completed our tenure than their politics would come to an end forever after 2018. He said people of KP would rejects politics of negativity in 2018 general elections and PMLN would form government in KP to bring real positive change in the province. APP/fam/rn