Minister of State for Finance Ali Parvez Malik on Sunday claimed that a Turkish airline has displayed an interest in the purchase of Pakistan International Airline PIA. Speaking in the Geo News program “Naya Pakistan” to host Shehzad Iqbal, he claimed that investments are anticipated to continue to come as macroeconomic stability comes.
He claimed that the brewing finalization of IMF programs was around the corner. Furthermore, he said, this program is anticipated to open new doors for Pakistan with global financial institutions, generating various opportunities. The minister claimed, that as long as there is no stability in the political environment and no reduction in the political temperature, we could not be capable of showing progress in different sectors of the economy. All of us must respect the institutions of the state.
We should try to assist each other to solve the issues of the masses of Pakistan. He further claimed that the country was on the edge of getting massive economic stability. The government has successfully initiated, navigated various economic issues, and steered the country away from the brink of bankruptcy. He claimed if income is increasing, the loan amount is not an issue at all. The prime minister claimed to FBR that he was all set to give FBR whatever resources were required as it should increase its capacity and potential.
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Today we demand good governance, automation, and modern techniques. This burden must not fall on only 3 million people. This burden must be shouldered by 30 million people. He outlined the ongoing effective efforts of the government to execute crucial reforms that are mandatory for correcting and stabilizing the economy of the country. The government was improving tax collection via the Federal Board of Revenue {FBR} by executing enforcement measures and other sensible strategies and emphasizing digitization and automation to expand and enhance the tax net.
He noted that extra revenue measures were being launched including capacity-building initiatives within the FBR to enhance tax revenues. The government is all committed to creating an environment suitable for investors to make massive investments in the country. He claimed political stability was recommended for economic progress.
One party doesn’t desire this country to move forward. They act against national progress for their political gains, he claimed. He emphasized politicians to set aside personal goals or objectives and work cooperatively to resolve the issues of the country and to help Pakistan for the flourishment and the stability of its economy.