PM determined to take every possible measure to promote growth ratio in country

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ISLAMABAD: Prime Minister Imran Khan has expressed the determination to take every possible measure to promote growth ratio and investment in the country.

He was chairing a review-meeting regarding promotion of priority areas for economic stability and development in Islamabad today (Thursday).

The Prime Minister said promotion of small and medium industry will accelerate the economic process and create wealth in the country. He said this will strengthen economy, create jobs and better opportunities for the youth, but also help retiring of country’s debt.

He said the country can only be brought out of the quagmire of debts taken by the previous government by increasing country’s production and the government is determined to provide every possible facility to the business community and investors to achieve this objective.

Imran Khan directed to remove all impediments through time-bound targets in the way of business process and he should regularly be updated in this regard.

Governor State bank briefed the meeting for the first time in the history of Pakistan loans are being provided to small and medium enterprises without seeking any collateral guarantee. He said collateral free lending will help promote small and medium enterprises in the country.  

Chairman Special Technology Zones Authority informed the meeting that land the authority has acquired land for the establishment of STZ in Islamabad.