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Govt wants to promote industrialization to create wealth: PM Imran Khan

Web Desk by Web Desk
January 23, 2020
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ISLAMABAD: Prime Minister Imran Khan on Thursday said the government wanted to promote industrialization that would create wealth.

“We have the most ambitious poverty alleviation program ‘Ehsas’,” Imran Khan said while speaking during ‘Pakistan Breakfast Meet’ in Davos.

[Live] Imran Khan Official

[Live] Imran Khan Official: Breakfast Meeting with PM Imran Khan at #Davos #Wef20

Posted by Imran Khan (official) on Wednesday, January 22, 2020

He said the number one challenge his government faced was corrupt status quo who were entrenched in the system and who didn’t want the incumbent government to succeed because they would be in trouble if the government succeeded.

Also Read: Chinese loans account for six percent of Pakistan’s loan: Imran Khan

“We are restoring the institutions ruined by previous governments. We want export-oriented growth in our country,” he said adding that a man’s success was being hopeful in hard times.

“We are the greatest creation of God Almighty. Every human being has tremendous potential. Anything that you can imagine, you can achieve it such a potential a human being has got. Never ever think of compromising on a dream. Don’t have a Plan B and do not look back. You have to see big dreams to make progress,” he said.

PM Imran said the founding fathers of Pakistan wanted a humane just society. Pakistan had more potential than any other country, he said. “We have dynamic people.”

He said out of the 14 Reko Diq gold and copper mines profit of only two blocks would be 1200 billion dollars. “We neglected the basics by not spending money on human resources, education and research,” he said.

The premier said his vision of Pakistan was to turn it into a welfare state with inclusive development.

Earlier, responding to a question in an interview with CNBC in Davos, PM Imran Khan had said that the Chinese loans only accounted for five or six per cent of Pakistan’s total loan portfolio.

The PM had rejected the impression that the China Pakistan Economic Corridor (CPEC) had made Pakistan indebted to China.

He had said China helped Pakistan in the most difficult times by making investments and we were grateful to them. He said the CPEC also envisaged cooperation in different sectors including technology transfer in the agriculture sector.

About Pakistan’s economy, the prime minister had said the country was now on the right track and our focus was on export-led growth by promoting industrialization.

Tags: govtImran KhanindustrializationPMwealth
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