Prime Minister Shehbaz Sharif (left) chairs a federal cabinet meeting in Islamabad on March 28, 2024. —PMO

PM Shehbaz vows to transform Pakistan’s economic landscape in five years

by Pakistan News
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Prime Minister Shehbaz Sharif (left) chairs a federal cabinet meeting in Islamabad on March 28, 2024. —PMO
  • Progress of  ministries will be reviewed regularly, PM says.
  • “We have to cut our expenditures,” PM tells cabinet members.  
  • He warns of strict action against illegal trade and power theft.

Expressing his firm resolve to transform the country’s economic landscape, Prime Minister Shehbaz Sharif Saturday directed the ministries to devise strategies to achieve targets set in a five-year roadmap.

The prime minister made the remarks while chairing a meeting of the federal cabinet.

“I have shared broad parameters of a five-year plan with all the ministries, specifying their targets,” he said, adding that the progress of the ministries on these targets would also be reviewed regularly.

The premier said: “We have to cut our expenditures and take the country towards self-reliance.”

Expressing his determination to uplift various sectors such as agriculture and Information Technology, the country’s chief executive resolved to take the country on the growth trajectory and create employment opportunities, Radio Pakistan reported.

The PM was confident that the Ministry of Commerce would take the requisite steps to double the country’s exports before the expiry of the five-year tenure of the current government.

Speaking on the occasion, the premier warned of strict action against illegal trade, power theft, and other leakages.

He said a programme has been chalked out for the complete digitalisation of the Federal Board of Revenue (FBR), adding that consultants would be hired by next month for this purpose.

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