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Positive economic indicators of country had put Pakistan on path of progress and prosperity: President

Islamabad, May 04, 2016 (PPI-OT):President Mamnoon Hussain said the positive economic indicators of the country had put Pakistan on path of progress and prosperity and it would soon become an important country of the region, with the completion of China Pakistan Economic Corridor (CPEC). He was addressing the fourth Achievement Award Ceremony of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) here at the Aiwan-e-Sadr.

The President said the government was working on major infrastructure development and energy projects under the CPEC, and the national economy was improving at a rapid pace. He said all the economic indicators in the country had improved over the past three years and the fact has been acknowledged by several international organisations.

President Mamnoon Hussain said the business community and trading bodies were playing a key role in strengthening of the national economy owing to the great turnaround shown by the prudent policies of the government. The President urged the industrialists and the exporters to look for new markets, besides expanding into the conventional markets of Africa, Central Asia, Far East and Middle East. He specifically mentioned the Central Asian markets and said there was lots of potential for Pakistani business to grow.

The President asked the representatives of the exporters, industrialists and business community to seek remedial measures from the government departments, which would facilitate them. He also urged them to play their part in promoting tax culture in the country and asked them to pay regular taxes to generate more revenue and help strengthen country’s health, education and social sectors.

President Mamnoon Hussain said corruption has damaged the country in the past, however said that things have changed considerably and the situation was improving. The President said if the people of Pakistan work with honesty, sincerity and commitment the situation in the country would improve and there would be remarkable development and accelerated prosperity.

Speaking about Pakistan’s ties with its neighbours, the President said that Pakistan desires good relations with all, including India and the lingering dispute of Kashmir, he added, can never be put on the back-burner. He said that Pakistan always raised the issue of Kashmir, whenever it entered into talks with India.

The President said a peaceful and stable Afghanistan was in the best interest of Pakistan and hoped that the talks between the Afghan government and the Taliban would proceed positively in the months ahead. President FPCCI Abdul Rauf Alam thanked the President for handing over the achievement awards for the third time in a row and appreciated his commitment towards the business community of the country.

The Chief Executive Officer of the Trade Development Authority of Pakistan S.M. Munir lauded the measures taken by the government to bring about economic stability in the country and particularly mentioned the steps taken to ensure law and order situation in the country.

The President handed over awards, certificates and shields amongst 73 participants for their outstanding performance in boosting trade and strengthening the national economy. President Mamnoon Hussain was also presented a memento. The event was attended by Governor Punjab Rafiq Rajwana, federal ministers, parliamentarians, ambassadors and members of the business community.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +92-51-9252323 and +92-51-9252324
Fax: +92-51-9252325 and +92-51-9252326
Email: piopid@gmail.com

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