Internal Affairs

Maryam Nawaz Sharif Discusses Economic Vision with FPCCI Representatives

Lahore, Senior Vice President and Chief Organizer of Pakistan Muslim League (N), Maryam Nawaz Sharif, met with representatives of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) today. During the meeting, she presented party leader Nawaz Sharif’s vision for Pakistan’s economic recovery and discussed the historical accomplishments and future strategies of the party.

According to the press release by Pakistan Muslim League (N), Maryam Nawaz Sharif emphasized that Nawaz Sharif’s main agenda is centered around restoring the economy and alleviating the people from the burdens of debt and inflation. She highlighted the party’s longstanding commitment to economic liberalization, privatization, and deregulation.

Citing the party’s historical achievements, she noted that from the 90s to 2018, during each term of Prime Minister Nawaz Sharif, Pakistan’s economy and the overall standard of living for its citizens showed significant improvement. Nawaz Sharif, she mentioned, championed freeing the economy and business sectors from government restrictions in the nineties. The focus was on facilitating entrepreneurs, industrialists, and traders, prioritizing the private sector’s role in driving economic growth.

Maryam Nawaz Sharif also touched upon the benefits neighbouring countries reaped from Nawaz Sharif’s economic reforms, modeling their development trajectories after them. She cited Nawaz Sharif’s successful counter-terrorism efforts, leading to greater economic stability, and his initiation of the CPEC project as pivotal milestones.

Pointing to agricultural reforms, she highlighted that farmers experienced growth during Nawaz Sharif’s tenure, with measures like subsidized electricity for agricultural tube wells and concessions for the textile industry being implemented. Additionally, she credited him with resolving energy crises by constructing LNG terminals and boosting the gas supply, reviving the industry.

Maryam Nawaz Sharif expressed her commitment to replicating these successes, with plans to reduce the fuel import bill by developing alternative energy sources, making macroeconomic reforms, accelerating CPEC projects, and expanding exports. She criticized the period between 2018 to 2022, hinting at its detrimental impacts on the country’s foundation.

Highlighting the financial achievements, she underscored that Nawaz Sharif was the only Prime Minister in Pakistan’s history to complete an IMF program and then sever ties with the institution in 2016, maintaining a stable economy without surges in inflation. Furthermore, she praised the efforts of Prime Minister Shehbaz Sharif during his short 16-month tenure for preventing the nation from bankruptcy.

Maryam Nawaz Sharif concluded by stating her intention to provide relief to all societal classes and promote economic and educational opportunities, especially for the youth and women. She mentioned that well-defined development plans are in place for sectors like IT, agriculture, minerals, and energy.