The federal cabinet was informed Thursday that economic indicators are positive and the economy is stabilizing.
The federal cabinet meeting chaired by Prime Minister
The Prime Minister said that the Government is working on warfooting to eradicate Polio from the country and all available resources would be utilized to make
The Prime Minister stated that he is personally supervising the Polio Eradication Program and he would ensure that all the issues and problems being faced in the implementation of the Polio Eradication Program are resolved immediately. The Prime Minister alsodirected that an extensive awareness campaign be carried out to dispel the misconceptions about Polio vaccination.
Earlier, the Cabinet was briefed by National Coordinator for Polio Eradication Ms.
Ayesha Raza Farooqregarding barriers, challenges faced by the Polio program and the way forward for making the program a success.
The Cabinet was informed that 90 % of
The Prime Minister directed that filed workers should be provided security in coordination with provincial governments and wherever necessary the services of
While elaborating upon the positive economic indicators of the first nine months of the government, Finance Minister told that during first half of the last financial year 2012-13 the GDP growth was recorded as 3.4% while it appreciated to 4.1 % in the 1st half of 2013-14.
He added that the GDP growth for first nine months of current financial year is 4.14%. It was also informed that rapid growth in Industrial Sector and Import of Machinery for use in
The most performing sector of economy remained the Large Scale Industrial Sector which grew at a rate of 5.2 %, while as in the corresponding period of the last financial year it was 2.9 %. The import of machinery also saw an increase from
The performance of credit towards the private sector has increased approximately three times as compared to corresponding period of the last financial year. While elaborating the next three years' budgetary framework, the Finance Minister told that we plan to increase GDP growth rate by 7.2 % till 2016-17.
Moreover, it was informed that the country's foreign exchange reserves stood at
The Prime Minister and Cabinet appreciated efforts of the Government's finance team, led by Finance Minister
The Prime Minister added that Appreciation in the value of Pakistani rupee against US dollar and consequent reduction in the prices of POL was possible because of the pragmatic economic measures of the present government. The Prime Minister stressed for maintaining the same pace of development and economic growth, in the coming years.
The Cabinet deferred the Draft Bill for the Establishment of the National Food Safety,