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Sunday, July 8, 2012

PM says political stability must for economic prosperity


Prime Minister Raja Parvez Ashraf Saturday said Pakistan needed political continuity to become a stronger and respectable state among the comity of the nations.

Talking to notables from his constituency here at PM House, the prime minister said: “Pakistan has vast natural resources, which are many times more than the oil rich countries of the world but could not be exploited due to the political uncertainty and disruption of the political process.”

He said economic development and corresponding prosperity were intertwined with political stability.

The notables from the prime minister’s constituency said: “We are proud of him because he is the first prime minister from the Potohar region and he rose to this position on account of his hard work and commitment to the ideology of the PPP and its founding leaders.”

The prime minister said that Pakistan had copper and gold deposits, Thar coal reserves, about more than 40,000 MW potential of hydro power generation in Gilgit-Baltistan, fertile land in Punjab and yet ironically the people of the country were stricken with energy deficiency.

He said that it would be his utmost endeavour to rid the people of the torture of unscheduled load-shedding in the minimum possible time as a short-term measure.

He said the democratic government had also undertaken long term projects to resolve the problem on a permanent basis.

The prime minister said that power generation had improved and it would further improve in the near future leading to the target of no unscheduled load-shedding in the country.

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