PM determined to double country’s exports in five years

Prime Minister Shehbaz Sharif expressed his confidence that volume of the country’s exports will be doubled over the next five years.

Addressing the business community in Karachi today, he said the government, in consultation with business community, will chalk out a comprehensive policy framework to increase the exports that would ultimately help ensuring export-led growth.

The Prime Minister said the government is also fully focused on bringing revolution in sectors of agriculture, mines and minerals, Information Technology and Industry.

He also expressed the government’s resolve to reduce unemployment, poverty and inflation in the country.

Regarding sugar situation in the country, Shehbaz Sharif said the government would go for export of the commodity in case its stock is surplus. He said the government is also focusing on curbing smuggling of the commodity.

The Prime Minister said due to the government’s prudent policies, positive news are being received in macroeconomic indicators.

He said the current account is in surplus, remittances are going higher, inflation is moving down, and the stock exchange is showing record progress.

About the privatization process, the Prime Minister assured to conclude it in a transparent way without any bureaucratic delay.

He said the government paid rebates worth 65 billion rupees immediately after assuming the power.