Summary Prime Minister Nawaz Sharif addressed the energy conference in London today.
LONDON (Web desk) – Prime Minister Nawaz Sharif on Thursday said that the designs of protesting parties to put the country backward have failed. They actually wanted to derail Pakistan and not the government.
Talking to media in London, the Prime Minister urged all the political parties to get united to overcome all problems especially energy crisis.
He pointed out that energy is the major issue faced by the country today and collective efforts to meet this challenge would ease up pressure on the next governments.
He said Pakistan is moving on the path of development and clouds of darkness are fading.
Earlier, the Prime Minister addressed Pakistan-Britain Energy Dialogue and Investment Conference in London.
On the occasion, he said that the Government is committed to develop a competitive energy market in Pakistan that provides fair return to investors and protects rights of consumers.
He said Pakistan also aims at development one of the largest coal deposits in the world at Thar as future energy capital of the country. The vast reserves of Thar are enough to meet energy needs of many countries of the regions for tens of decades to come. The government is committed to provide complete support for successful and early exploration of these reserves.
The Prime Minister expressed the confidence that “these initiatives will provide commercially viable economic solutions and also promote peace and stability in the region.”
“Regional connectivity accelerates economic growth,” the Prime Minister stated.
He said the PML (N) used its political capital to take tough decisions which resulted in significant improvement of major economic indicators.
He said the government reduced budgetary deficit from over 8% to less than 6% last year and would bring it further down to 5% by the end of the current financial year. GDP growth rate is expected to be around five percent this year and would be taken to over seven percent by the close of the term of the government.
