The National Security Committee (NSC), has resolved to establish a 10-year economic blueprint to shepherd the country out of the economic crisis while paying close attention to the nation’s economic health.
The NSC meeting, which was presided over by Prime Minister Shehbaz Sharif, made significant decisions about the current economic and security challenges.
The NSC meeting linked national sovereignty and security to the national economy and decided to keep a premium on people-centric economic policies that benefit the average person.
According to the sources, a high-level meeting decided to develop a 10-year economic plan in order to keep economic and political decisions distinct. They also stated that additional actions will be done to raise the nation’s income.
Expanding the tax net and executing tax evaders seriously are both planned. The sources further claim that the NSC decided to gradually raise gas and electricity costs over the next six months.
According to the sources, it was also recommended to raise the tax on gasoline and diesel from 30 to 50 rupees. The necessary legislation will be passed in the Parliament in this regard.
Prior to this, the National Security Committee (NSC) meeting, presided over by Prime Minister (PM) Shehbaz Sharif, approved strong action against social media accounts propagating false information about Pakistan’s economy.
Senior civil and military leaders, including Chief of Army Staff (COAS) Asim Munir, attended the meeting, which was held at the Prime Minister’s residence.