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Summary
Prime Minister (PM) Yousaf Raza Gilani met with new Finance Advisor Abdul Hafeez Shaikh to discuss the current economic situation prevailing in the country.The Prime Minister said his appointment at this juncture will send a strong signal to the investors, business and trade circles about the governments commitment to economic reforms, financial management and growth that is beneficial for all.PM expressed confidence that the induction of an economist in the cabinet will help calibrate policies for boosting the economic growth. PM said the economy should focus on creation of economic opportunities and employment to help improve quality of life of common man. He said the government through stringent measures had been able to check the downward trend of economy and bring about stability. He said now there was a need to prioritize the specific areas contributing towards sustainable economic growth.The management of circular debt of energy sector was also a matter of immediate concern to help ease the power shortage situation in the country, he added. Thanking the Prime Minister for reposing his confidence, Dr. Abdul Hafeez Sheikh assured to implement the governments economic agenda in accordance with the priorities determined by the government.
