Caretaker govt taking steps to promote investments in Pakistan: Info Minister

Islamabad: Caretaker Minister for Information and Broadcasting Murtaza Solangi says steps are being taken to promote investments in the country.

Addressing a presser along with Caretaker Federal Ministers in Islamabad on Friday, Murtaza Solangi said steps are also being taken to reduce government's expenditure.

He said issues related to smuggling, dollar and other commodities were discussed during today's meeting of Special Investment Facilitation Council.

Speaking on the occasion, Caretaker Minister for Finance Dr Shamshad Akhtar said we intend to enhance social safety net amidst structural adjustments.

She said we are making concerted efforts to augment macroeconomic stability. She said our priority is to ensure supply of energy to industrial sector.

Replying to a question Caretaker Minister for Commerce and Industries Dr Gohar Ejaz said it is the time to open market for raw materials to make industry viable. He said inflation can only be controlled by enhancing exports.

Speaking on the occasion, Minister for Energy Muhammad Ali said efforts are underway to reduce the line losses in power sector.

 He said cut on imports of raw materials squeezed exports sector.