Pakistan’s Economy Shows Signs of Stability: Minister Information

Government Committed to Supporting Overseas Pakistanis,

New York-(Special Correspondent)_Minister of Information Attaullah Tarar addressed a press conference in New York, sharing updates on Pakistan’s economy and international relations. Tarar welcomed the decline in inflation to a single digit, crediting the government’s efforts. He acknowledged the significant decrease in inflation rate compared to the same period last year, stating it as a testament to the government’s effective economic policies.

Pakistan’s IT exports have shown remarkable growth, with Moody’s and Fitch declaring the country’s economy stable. Bloomberg has praised Pakistan’s economic indicators, noting the positive direction of the stock exchange. The country has seen a record influx of funds from overseas Pakistanis, which Tarar described as a valuable asset.

In terms of international relations, Tarar met with the Prime Minister of Bangladesh, reaffirming the commitment to develop relations between the two nations. Pakistan’s foreign policy has been strengthened, with excellent relations between Pakistan and America. The Turkish President appreciated Pakistan’s economic stability, recognizing the country’s progress.

Tarar acknowledged the impact of floods on Pakistan’s economy, resulting in significant financial and human losses. Climate change remains a significant challenge for Pakistan, with the country suffering greatly due to its effects. Pakistan has given over 80,000 sacrifices in its war against terrorism and has lost millions of dollars due to landslides.

The government plans to take further steps to support Palestinian students’ education in Pakistan. Pakistan continues to support Palestine in every way, reaffirming its commitment to the Quaid-i-Azam’s policy of not recognizing Israel. Tarar condemned Israeli aggression on Lebanon and Gaza, calling for international recognition of Israel’s genocide.

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Pakistan has made significant strides in promoting peace and stability, particularly in Karachi. The National Action Plan has facilitated several steps to ensure peace. Tarar emphasized the importance of education, citing the government’s initiatives to promote learning.

In the realm of technology, Google has committed to investing in Pakistan and manufacturing Chromebooks locally. Huawei will provide training to 300,000 students in Pakistan. The government aims to improve Karachi’s port and industry, recognizing the city’s significance in Pakistan’s economy.

Tarar emphasized the importance of overseas Pakistanis, describing them as the country’s “forehead chandelier.” He assured that the government respects the policy of overseas Pakistanis, acknowledging their valuable contributions.

Regarding Pakistan’s relations with neighboring countries, Tarar emphasized the need for good relations with Afghanistan. He stressed that no country’s head should be used against Pakistan.

In conclusion, Tarar’s press conference highlighted Pakistan’s economic progress, international relations, and commitment to peace and stability. The government’s efforts to promote education, technology, and overseas Pakistani engagement were also underscored.