Pakistan

PM Shehbaz believes in bringing investment instead of aid: Aurangzeb

FinMin says government is putting sincere efforts to put the country's economy back on track 

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Islamabad: Finance Minister Muhammad Aurangzeb said that Prime Minister Shehbaz Sharif has a belief in bringing investment in the country rather than looking to bag aid.

He said, "The government is putting out all-out efforts to ensure the investment from the Saudi Arabian government." Aurangzeb commended the efforts of his government, saying, "The government is putting sincere efforts to put the country's economy back on track."

He made it clear that the International Monetary Fund (IMF) has to perform functions according to its own way. It is expected to hold talks with the Saudi government over the loan rollover soon.

"China has not refused to rollover the loan of Pakistan," said Aurangzeb.

Kamran Tessori sees politics 'hurdle' to end economic woes

Separately, few days back, Sindh Governor Kamran Tessori said that the political situation of the country is "hurdle" to end the economic woes.

Expressing his thoughts, Tessori stated: "Despite the all-out efforts and hard work of the prime minister, the outcome is not coming. When Pakistan tries to overcome the economic crunch, then events like Balochistan attacks happen," Tessori said.

Meanwhile, Tessori held a meeting with Punjab Governor Saleem Haider Khan. On this occasion, matters in line with the role of the federal government for the progression of the provinces were discussed.

Tessori said: "The federal government's role of the development in the prosperity and progress of the province is commendable."

He commended the efforts of the federal government in the development of the industrial areas.

Moreover, expressing his thoughts, the Punjab governor said: "The modern development projects are underway with the federal funding."

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