Sunday, October 24, 2021

Country’s economic woes to end over next few months: President


ISLAMABAD: President Dr Arif Alvi has expressed the optimism that there might be some economic difficulties over the next few months, but after that Pakistan would change.

“Pakistan has a brilliant and bright future. There is a need to promote tourism coupled with improvement in health and education sectors. With few months of difficulties, Pakistan will change and is about to change,” he said in an interview with a private news channel on Monday night.

The president also appreciated the PTI government’s last two months’ performance and said due to its tireless efforts, a breathing space for the debt-trapped country had been created.

About Saudi package, Dr Alvi said the Saudi government’s package of US $3 billion as deposits and the $3 billion per year facility of oil supply on deferred payments for three years would help address the balance of payment crises and it was a great achievement of Imran Khan led government.

Similar packages could be expected from China and some Gulf countries, although the IMF option was also available, he added.

The president said under the Constitution his office was of non-partisan nature, and as a symbol of federation, he would ensure that all political parties should be treated equally.

Separately, talking to Turkish media in Istanbul, the president said Pakistan and Turkey are enjoying deep brotherly and historical based relations.

He said the relations between the two countries are unprecedented and both have made huge efforts for peace and stability.

The president said that the world should recognize and acknowledge the sacrifices rendered by Pakistan and Turkey to end terrorism.

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