The Prime Minister of Pakistan, Muhammad Shehbaz Sharif, has stated that the main priority of the government is to attract foreign investment into the country.
This was said during a meeting with the Pak-US Business Forum delegation in Islamabad on Friday. Sharif also said that the government has had to make difficult decisions in order to revive the economy and prevent the country from defaulting.
He noted that we took over the administration during troublesome times under the ideology of state precedence and politics later. The Premier stated that by carrying out short-term and long-term planning in the power industry, we will lessening the reliance on imported oil.
He pointed out that we are putting effort into generating 6 to 7 thousand Megawatt power from renewable sources such as solar and wind energy projects.
Shehzad Sharif said that the government has disallowed the import of luxury goods as well as curtailed unnecessary government spending.
The group showed approval for the steps taken by the administration for granting amenities to the export industry and focused concern to deal with the predicaments of Pakistani expatriates.