PM ruled out factory closure, business – Pakistan | Instant News


• Asked the nation to join hands with the government to defeat the second wave of coronavirus
• Said the opposition would not get an NRO even with its many public meetings
• Claiming that Pakistan’s exports are increasing faster leaving India and Bangladesh far behind

LAHORE: Prime Minister Imran Khan said the government has decided not to close factories and businesses despite a spike in coronavirus infections and deaths in the country.

“We don’t want to make people die of hunger, while saving them from the coronavirus,” Khan said and appealed to the nation to join hands with the government and defeat the second wave of coronavirus. while complying with SOPs which primarily require the use of masks in public places.

The prime minister spoke to media people at the Secretariat of the Chief Minister during his visit to Lahore on Wednesday, where he also held one-on-one meetings with Chief Minister Usman Buzdar and discussed the latest provincial administrative and political affairs.

Reiterating that the country’s economy is now on a positive progress path, Khan said the first wave of the coronavirus could devastate Pakistan’s economy but state support helped it get out of the crisis, adding that India is still mired in a worse economic situation. with over 100,000 deaths from Covid-19.

He said Europe and Britain were again being forced into a complete lockdown.

The prime minister regretted the coronavirus-related deaths in Pakistan increased from seven to more than 50 a day in two weeks and can continue to increase, if protective measures are not taken in their true spirit and spirit.

Saying that his government is suspending all public meetings and meetings to counter the growing threat of coronavirus infection, the prime minister has once again stressed that the opposition will not be able to get to an NRO even with his many public meetings.

“The government will no longer allow the opposition to continue to hold public meetings and create potential threats to the lives of the masses,” Khan said, referring to the observation of the Islamabad High Court in an order that public meetings have become an increasing threat to the public.

The prime minister said the country’s exports were now increasing at a faster pace leaving India and Bangladesh far behind. “I visited Faisalabad and found that the textile industry is running at full speed and is now facing a labor shortage.”

Khan said his government’s sustainable economic policies had helped Pakistan overcome its current fiscal and account deficits despite the fact that PTI was in control of the country when there was a huge $ 40 billion gap between imports and exports and a $ 20 billion trade gap.

“Now for the first time in 17 years, Pakistan is showing its current account deficit is in surplus and can also turn its fiscal deficit into a surplus, if it doesn’t have to pay interest installments on massive loans taken out by the previous PML-N government,” the prime minister said, added: “Without loan repayments and interest payments, Pakistan’s income has exceeded its spending.”

Khan said the dollar has fallen to its natural value and the local currency will continue to strengthen with a current account surplus.

He regretted that the previous government had never considered Pakistanis overseas as assets and ultimately did not create a system that could motivate them to return their income to invest in Pakistan and improve its economy. “Now, the PTI government’s policy will help protect Pakistani investment abroad and motivate them to continue sending dollars back home helping Pakistan increase its foreign exchange reserves,” he assured.

Khan also explained that the Punjab government is planning to arrest the influential and politically supported qabza group involved in the illegal occupation of the main state land and building a large square. Affirming that Lahore would soon hear the qabza mafia lament that the government would lay an iron fist on them, he said these mafias were used to fund public gatherings of political parties, election campaigns and, in return, found no pressure from the civil administration.

Non-essential sector locks

Prime Minister Khan said that like other parts of the world, Pakistan was also hit by a second wave of Covid-19, but the country would not go into complete lockdown. He said Pakistan would only shut down non-essential sectors, including public gatherings, to save the poor as well as the economy from dire consequences, APPLICATION add.

“With the high poverty rate and the lessons learned from the first wave of Covid-19, we were unable to close down the businesses and factories where people worked,” said PM Khan during a speech at the Country Strategy Dialogue on Pakistan hosted by the World Economic Forum.

The prime minister spoke on a variety of matters, including how the country handled the first wave of Covid-19 through effective measures and saved people from the economic impact, the strategy of the second wave of coronavirus, government policies for economic revival, and the economic opportunities created. by the China-Pakistan Economic Corridor.

Extending a successful strategy to tackle the first wave of the coronavirus, he said that after realizing the worst economic impact of the total lockdown, the government adopted a ‘smart lockdown’ strategy in hot spots and quickly opened up the construction sector, followed by others. business, to save the poor and daily breadwinners from hunger.

The prime minister also mentioned the unprecedented distribution of cash assistance among the 15 million poor, including those who lost their jobs due to lockdowns, to save them from starvation.

He mentioned the economic challenges faced by the country, including fiscal deficits, current account deficits, trade deficits, etc., and said the government is addressing them by reducing spending and imports, increasing exports, attracting foreign direct investment, accepting more remittances and checking workers. money laundering.

Published in Dawn, November 26, 2020

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