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Zardari calls for long-term policies on economy

https://ift.tt/D7W2cTK Asif Ali Zardari, former president and co-chairman of the Pakistan Peoples Party (PPP), emphasised on Wednesday the importance to talk about Charter of Democracy and formulating long-term policies for the economy, Express News reported. "Let the major businessmen of Punjab come together. I guarantee investment. First, make people wealthy, and then impose tax on them. Pakistan has the potential to move forward now,” he said during his address at a ceremony organised by FPCCI in Lahore. He stated that the PPP has always taken care of the business community, adding that improvement in the economy was essential for the betterment of future generations. He said that the economy is not built for five or 10 years but for future generations. "There is a need for the promotion of public-private partnerships in the country. Gwadar has been there for 70 years, but no one noticed it… I made a deal with China for Gwadar. Issues are resolved by increasing exports." Read more: Military expenditures not that significant: Zardari He emphasised that if foreign investors put money in, they can take it back as well. “A foreign investor earns $5 for every dollar invested.” Zardari further reiterated that Pakistan does not spend a significant amount on military expenditures, adding that such claims were mere propaganda. A day earlier, while addressing the electoral candidates from Central Punjab at Bilawal House, Lahore, the former president said that there is a solution for everything in politics. “Those who are not skilled in politics don't have solutions; that is why they don't allow things to happen." Urging the workers to be patient in tough times, Zardari said that soon it will bear fruit that will alleviate all the sorrows and pains. “They cannot make an election happen in two months… elections will take place when I decide." "The PPP and I have always struggled. The workers should be patient because the fruit of patience is something you cannot even imagine. All sorrows and pains will fade away." He mentioned that during his 14 years in prison, he studied numerous books on the economy. “I proposed solutions during my era, which led to our foreign exchange reserves reaching $24 billion. Insha Allah, I will manage the country's economy and raise the foreign exchange reserves to $100 billion."

from Pakistan News, Latest News Pakistan, Pakistan Headline | The Express Tribune https://ift.tt/QJYa8fu