CMYK
Thursday, 23 January, 2020 I 27 Jamadi-ul-Awwal, 1441 I Rs 20.00 I Vol X No 204 I 16 Pages I Lahore Edition
Pakistan on Path to economic growth, Pm imran tells weF g
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Premier SayS Peace and Stability vital for economic growth, therefore, PakiStan won’t be Part of any conflict in future
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SayS biggeSt challenge for hiS govt iS to bring reformS in State inStitutionS to imProve governance
SayS all-out war between PakiStan, india unlikely but int’l community Should Still defuSe tenSionS between the two DAVOS
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agencies
rime minister imran Khan on Wednesday said that Pakistan is on the path to economic growth and will not be a part of any future conflict because peace and stability are vital for prosperity. in his keynote address at the special session of the World economic Forum (WeF) in Davos, Switzerland, the premier said that Pakistan is trying hard to defuse tensions between the United States and iran and is playing a crucial role in the Afghan peace process. The prime minister said that Pakistan is placed at a very important geostrategic position. He said that with peace in Afghanistan, Pakistan can tap the benefits of energy-rich Central Asia besides acting as a bridge between east and West Asia. He said that Pakistan’s economy cannot grow unless there is peace and stability. referring to Pakistan becoming part of the US war against the Soviet Union in the 1980s, he said that Pakistan was left with militant groups as a by-product of war and that became an impediment in the country’s growth. After the events of 9/11, Pakistan faced a similar dilemma and 70,000 Pakistanis sacrificed their lives in terror wave, he added. responding to a question, he said that there is no terrorism in Pakistan and 2019 has been the safest year in the country since the 9/11 incident. in reply to another question, the prime minister said there is no military solution of the Afghan crisis and it can be resolved only through dialogue. “it is easy to start a war but very difficult to predict the course it will take after some time,” he added. referring to Pakistan’s relations with its neighbours, he said with the normalisation of relations with the biggest neighbour india, development and prosperity can be achieved. He added that the biggest challenge for his government is to bring reforms in state institutions to improve governance and work is being under-
taken in this regard. Speaking about the economic situation of the country, he said that his government inherited huge fiscal and trade deficits. “in order to stabilise the economy, the government took tough decisions which resulted in an upward trajectory of the stock market, stabilisation of the value of rupee and an increase in the country’s foreign reserves,” he said. “in one year, ease of doing business improved by 28 points as per the estimates of the World Bank,” he added. The prime minister said that Pakistan has a population of 210 million people and sixty per cent of its population comprises youngsters. “This factor alone will play an important role in the economic development of the country,” he added. Pm imran said that his government has started skill development programmes to encourage youngsters to start their own businesses and entrepreneurial ventures as they hope to harness their potential for the country’s economic progress. He said that Pakistan is endowed with rich mineral resources, including gold and other deposits and the government is now focusing to exploit these fully. “Apart from minerals, Pakistan is blessed with fertile land whose full potential has yet to be explored. With the help of China under the China-Pakistan economic Corridor (CPeC),
work is being done in enhancing the agricultural productivity of the country,” he added. referring to the steps taken by his government to cope with the challenge of climate change, the prime minister said that after coming into power in Khyber Pakhtunkhwa (KP) in 2013, his party embarked on planting one billion trees in the province to stop the adverse impact of global warming and succeeded in this venture. “After i became the prime minister in 2018, we resolved to plant 10 billion trees in Pakistan to make the country greener. This is now our objective and we are using the same experience we learned in KP. We are especially involving women as they are very good at planting nurseries,” he added. “Forestation is crucial because not only is Pakistan vulnerable to global warming but because pollution has become a silent killer in cities across the country,” he further said. The prime minister said that his government is taking steps to exploit the tourism potential of the country after the restoration of peace. Dilating upon the huge potential of tourism in the country, he said that apart from some of the most fascination mountains, the country is dotted with religious sites of various faiths. “We are inviting foreign investment in the tourism sector of the country,” he said. US-IRAN WAR WILL BE DISASTROUS: During a Q and A session with WeF President Børge Brende following his speech, Prime minister imran said the year 2019 was the safest year for Pakistan since the 9/11 attacks and that was reflected in the country’s tourism, which he said doubled between 2018 and 2019.
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