Pakistan needs to focus on economic independence: Nawaz Sharif
Pakistan needs to focus on economic independence: Nawaz Sharif
Sharif said that it is very unfortunate that despite being a nuclear power, Pakistan still faces power shortages, poverty, unemployment, insecurity and terrorism.

Islamabad: Noting that Pakistan's defence is impregnable, Prime Minister Nawaz Sharif on Wednesday said that the country should concentrate on economic progress. "Our defence is impregnable but now we need to focus on economic independence," he said.

Sharif was addressing a gathering in Lahore to mark the 16th anniversary of atomic explosions which has been named as Youm-e-Takbeer. Prime Minister said that it is very unfortunate that despite being a nuclear power, Pakistan still faces power shortages, poverty, unemployment, insecurity and terrorism. He said the government is working day and night to rid the nation of these problems.

The Prime Minister further said that the government is not only planning to overcoming existing problems but also has a strategy for the next decades to come. Stating economic indicators, the Prime Minister said that Pakistan's economy is moving towards strong footing and we expect 16 per cent growth in revenues, foreign exchange reserve are growing, investor confidence has been restored and most of all the value of Rupee has stabilized.

Prime Minister further said that our government is also focusing on infrastructure development with project including Karachi to Lahore motorway, Rawalpindi Islamabad metro busses, Lahore orange train service with a cost of Rs 60 billion and Karachi mass transit project that would substantially resolve traffic problems of Karachi.

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