Government is striving hard to revive country’s economy: President

Islamabad, August 04, 2015 (PPI-OT):President Mamnoon Hussain has said that the government is striving hard to revive the country’s economy. He added that policies of the present government are in the right direction and are producing positive results. The President said this while addressing the Best Achievement Awards Ceremony of Sialkot Chamber of Commerce and Industry (SCCI) at Aiwan-e-Sadr on Tuesday.

The President said that the nation should play its role in the completion of all development projects. He further said that people should not tolerate any hurdle in this regard because the completion of these projects would generate economic activities and stabilize the country’s economy.

The President stated that the whole country is united against corruption adding that now he is confident the situation of the country would further improve. The President underscored that the construction of water reservoirs is need of the hour. The government has initiated construction of water reservoirs including Bhasha and Diamer dams, noted the President.

Paying tribute to traders and industrialists of Sialkot, the President noted with appreciation that there are almost negligible bank defaulters in Sialkot and called upon all the classes of the country to follow into the footsteps of traders and entrepreneurs of Sialkot in this regard.

The President emphasized upon traders, exporters and industrialist to tap the potential in African and Central Asian markets along with traditional markets for export of their products because the governments and traders of these regions also desire to enhance trade with Pakistan and initiate joint projects. He called upon the traders and entrepreneurs to take advantage of emerging new trends in these regions.

Speaking on the occasion, Federal Minister for Defence and Water and Power Khawaja Muhammad Asif said that the electricity loadshedding would almost end in the country in the next two years. He further stated that the distribution system of electricity has improved and this can now bear the load of additional 2500 MW as compared to last two years. The President also distributed achievement awards amongst the best performing traders and industrialists of SCCI.

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