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Economy moving in the right direction: experts

Economy moving in the right direction: experts

LAHORE: Pakistan Muslim League-N leaders and experts on Saturday said the incumbent government was working round-the-clock to put the country on road to progress, and it would win the next general elections on the basis of its performance.

Talking to APP, PML-N leader and MPA Rana Mehmood-ul-Hassan said the incumbent government had launched unprecedented development projects in South Punjab. He said that Pakistan Tehreek-e-Insaf (PTI) would face a major defeat in the next general elections as its government in Khyber-Pakhtunkhwa has done nothing for people’s welfare.

PML-N leader and lawmaker Majid Zahoor said that the PML-N would continue its journey of public service by accomplishing mega projects well in time. Member Exective Committee LCCI Shahzad Ayub said that positive policies of the government were showing a clear trend of improvement of national economy.

A senior official of commerce ministry said the federal government had given a Rs 180 billion export package to industrial sector during this year to support the declining exports.

He said that the package revolved around cash support and waiver on duty and taxes for five sectors including textile, leather, surgical equipment, sports goods and carpets. Economist Dr Ashfaq Hassan said that China-Pakistan Economic Corridor (CPEC) was a hallmark of the incumbent government, which was opening new avenues for investment.

He said that CPEC offers a unique opportunity for integrating the regional economies and making Pakistan a hub of trade and production after the Gwadar Port becomes an international free port.