ISLAMABAD: Prime Minister Imran Khan has said that due to the successful economic policies of the government, the legacy bankrupt economy has been stabilized and it is trying its best to reduce the negative effects of inflation by creating an investor-friendly environment.
The prime minister had separate meetings with Minister of Naval Affairs Syed Ali Haider Zaidi, members of National Assembly from Peshawar, Islamabad, Rawalpindi, Chakwal, and elected members of National Assembly on reserved seats for women. Successful economic policies of India have stabilized the legacy bankrupt economy, the answer is on the path to sustainable growth.
The prime minister directed all the elected representatives to strengthen their engagement with the people so that they could be made more aware of the various government schemes for socio-economic development.
These schemes include Universal Health Coverage under New Pakistan National Health Card, Ration Discount Program under Ehsas Card, Numerous Poverty Alleviation Measures, Loans for Crops under Kisan Card, and provision of quality seeds, fertilizers, and pesticides at affordable rates, Successful Youth and Kamyab Pakistan programs include home financing, cheap business loans, and vocational training for youth.
The prime minister also directed them to assure the people that the government is fully aware of their plight and to protect them from the negative effects of import inflation due to the historic rise in prices of essential commodities in international markets. Taking possible steps, these people-friendly measures include reduction of Rs 10 per liter price of petrol and diesel and reduction of Rs 5 per unit price of electricity.
In addition, to promote information technology in the country and create more employment opportunities for the youth, 100 percent tax exemption for IT companies and freelancers, 100 percent permission to keep foreign currency and investment in IT startups. Around 100 percent exemption from capital gains tax. In addition, under the Successful Pakistan Program, a subsidy of Rs. 407 billion will be provided on business loans in the next two years.
Under the Ehsas program, the monthly stipend has been increased from Rs. 12,000 to Rs. 14,000. Around Rs. 38 billion has been allocated for 2.6 million scholarships with graduate internship scholarships of Rs. 30,000 per month.
The prime minister reiterated that the government is working hard to reduce the negative effects of inflation by creating an investor-friendly environment for targeted subsidies and creating of vast employment opportunities for the youth.
