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Home Pakistan

We need to increase exports to bring prosperity, Prime Minister

TLDR: The Prime Minister said that as the economy grows, the dollar depreciates, wealth will not grow and prosperity will not come until exports increase.

News Desk by News Desk
1 year ago
in Pakistan
We need to increase exports to bring prosperity, Prime Minister

Pakistan's Prime Minister Imran Khan speaks during a joint news conference with Afghan President Ashraf Ghani (not pictured) at the presidential palace in Kabul, Afghanistan November 19, 2020. REUTERS/Mohammad Ismail - RC2C6K9V0433

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While addressing the inauguration ceremony of Special Technology Zone, Technopolis in Lahore, Prime Minister Imran Khan said that, unfortunately, Pakistan lags in technology. But, at the same time, Pakistan is ideal for the IT revolution. This is because Pakistan has a strong workforce, talent, and skills.

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Tech companies are the future of the world; with the IT revolution, we can move faster, 60% of our population of 220 million are young, our IT exports are ارب 2 billion, our goal is to take full advantage of technology in Pakistan and earn revenue, technology There is a sector that can eliminate all debt of Pakistan.

The Prime Minister said that as the economy grows, the dollar depreciates while going to the IMF to handle foreign exchange. So, therefore, we have to increase our exports to overcome all these problems.

The Prime Minister said that corruption harms the country’s roots and creates economic weakness, adding that China strengthened its economy in the best possible way and emphasized domestic production.

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China lifted 700 million people out of poverty in 40 years. It planned and ended corruption. The Chinese president himself removed 450 people from the ministerial level. China became a world power due to increasing exports.

The Prime Minister said that edible oil could be produced in huge quantities. Why can’t we plant palm oil trees if we have such an extensive coastline? Pakistan is very prosperous in Silicon Valley.

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