Govt efforts uphold rule of law to terminate corruption: Hafeez Sheikh

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Baaghi TV: Hafeez Sheikh has said that the economic situation has improved due to the government’s economic policies. Providing a conducive environment for foreign investment is a priority. Traders come forward to run the business. We have to work together to stabilize the economy.

Addressing a function at the Pakistan Stock Exchange, Finance Advisor Hafeez Sheikh said the government’s job is to formulate and implement better policies. Countries that invested in their own people developed. Businessmen come forward and invest. The government is striving for the rule of law, and corruption is eradicated. We are facing economic difficulties but we still have to move forward.

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Hafeez Sheikh said that Pakistan stock market is currently number one in Asia, favorable environment for foreign investors is a government priority. He said that the government was trying to uphold the rule of law and eradicate corruption. Exports are a big challenge for us and there has been no work in the export sector in the past but we are trying to increase exports further.

Abdul Hafeez Sheikh said that the consumption of cement in the country has increased by 30% while tractors have increased by 4% and motorcycles by 25%. Criticism had to be endured to get the dollarization in the right place.

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