Shehbaz Sharif leads economic reform efforts in Pakistan

Web DeskApril 26, 2024 07:40 PMnational
  • Prime Minister Shehbaz Sharif reviews economic indicators and emphasizes reforms
  • Committee formed to investigate track and trace system implementation for lost revenues
  • Government's proactive approach towards economic stability and growth under Shehbaz Sharif
Shehbaz Sharif leads economic reform efforts in PakistanImage Credits: The Economic Times
Prime Minister Shehbaz Sharif leads efforts to improve Pakistan's economy through reforms, accountability measures, and revenue generation, focusing on addressing inefficiencies and financial losses.

Prime Minister Shehbaz Sharif chaired a federal cabinet meeting to review the political and economic status of Pakistan. He highlighted the recent improvements in economic indicators, citing an increase in exports and remittances. The Prime Minister emphasized the government's commitment to economic reforms and measures to tackle electricity theft, including strengthening the transmission system.

Shehbaz Sharif expressed concerns over the inefficiencies in the Federal Bureau of Revenue (FBR) and the mismanagement of the track and trace system for cigarettes. He criticized the previous government for wasteful spending and pledged to hold those responsible for financial losses accountable.

A committee has been formed to investigate the implementation of the track and trace system, with a focus on recovering lost revenues. The Prime Minister stressed the importance of bringing money back to the national treasury and hinted at tough decisions ahead for the country's benefit.

Prime Minister Shehbaz Sharif's address reflects the government's efforts to improve Pakistan's economic situation through reforms and accountability measures. The commitment to reducing financial losses and enhancing revenue generation signals a proactive approach towards economic stability and growth.

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