Thursday, May 22, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

The country will benefit from Sharif taking over as PM.

News Desk
March 4, 2024
The country will benefit from Sharif taking over as PM.
Share on FacebookShare on Twitter

Karachi : Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the elevation of Shahbaz Sharif as Prime Minister is good for the economy and the masses.

The PM will continue the process of reforms, which will stabilize the economy, increase the value of the rupee, and make the business atmosphere favourable.

Mian Zahid Hussain said that Shahbaz Sharif has been a successful Chief Minister before, and the current IMF program results from his efforts as the Prime Minister.

Talking to the business community, the veteran business leader said that Shahbaz Sharif understands the economic issues and their importance. He enjoys the support of Nawaz Sharif and Asif Ali Zardari and has good relations with friendly countries.

He added that many people in his party are experts in economic affairs, and with their advice, the country can be removed from the current whirlpool of problems.

The business leader said that Prime Minister Shahbaz Sharif invited all the parties for the charter of the economy as soon as he was elected, and he also offered reconciliation, which all the parties should welcome.

PTI should take advantage of this offer and formulate a comprehensive strategy on both these issues in the national interest. A mechanism should be created to ensure continuity in economic policies, as frequent policy changes tend to confuse investors.

Mian Zahid Hussain said it is essential to sign a new agreement with the IMF, while the focus should be on reducing energy costs on a priority basis.

The repeated increase in the price of electricity, gas, and oil temporarily relieves this sick sector but takes a lot away from the masses.

According to the PM, the energy sector is causing a loss of more than 1000 billion rupees annually. The electricity tariff in Pakistan is higher than that of all the countries in the region, and the industrial sector is suffering because of this.

Due to the high cost of electricity, production is expensive, demand is low, and exports are being damaged. High power tariffs also harm the process of reducing imports and increasing employment through local production.

Expensive energy has become a significant obstacle to industrialization and investment in the country.

The government is putting all the burden of unused electricity payments on the consumers. Similarly, the masses are made to pay for theft of electricity and gas, cross-subsidy, line losses, and reduction in recovery on the public and the industrial sector, thereby increasing poverty and weakening the industrial sector.

The volume of imported fuel must be reduced for clean and environment-friendly energy. There is a need to give incentives to the clean energy sectors, which is being discouraged, and the Prime Minister should take notice of this.

News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

JS Investments and Gohar Developers Launch Pakistan’s First Shariah-Compliant Green Hotel REIT
Abbottabad

JS Investments and Gohar Developers Launch Pakistan’s First Shariah-Compliant Green Hotel REIT

May 21, 2025
Islamabad to Launch First Theme Park, Ferris Wheel, and Cable Car
Headline

Islamabad to Launch First Theme Park, Ferris Wheel, and Cable Car

May 21, 2025
FIR Lodged Against Arnab Goswami Over Alleged Fake News on Congress-Turkey Link
Headline

FIR Lodged Against Arnab Goswami Over Alleged Fake News on Congress-Turkey Link

May 21, 2025
PTA Chairman Accuses Senator Aimal Wali of Drug Use During Senate Clash
Headline

PTA Chairman Accuses Senator Aimal Wali of Drug Use During Senate Clash

May 21, 2025
Business

Gold Prices Soar by Rs6,600 per Tola Amid Global Surge

May 21, 2025
We Will Unlock Far-Reaching Benefits
Headline

We Will Unlock Far-Reaching Benefits

May 21, 2025
SAPM for Industries & Production Visits SECP
Business

SAPM for Industries & Production Visits SECP

May 21, 2025
KATI Lauds Government for Saving Rs1.4 Trillion Through IPPs Contract Revisions
Business

KATI Congratulates Army Chief General Asim Munir on Promotion to Field Marshal Rank

May 21, 2025
SECP registered 3,024 new companies in November 2024, marking the highest monthly number.
Business

CCP Slaps Rs. 5 Million Penalty on British Lyceum for Misleading Advertisement

May 21, 2025
Martin Dow Contributes to the Development of First National Guidelines on Adult Constipation
Business

Martin Dow Contributes to the Development of First National Guidelines on Adult Constipation

May 21, 2025
Next Post
CBD PUNJAB ADVANCES WALTON RAILWAY CROSSING FLYOVER AND WALTON ROAD UPGRADATION PROJECTS FOR IMPROVED LAHORE CONNECTIVITY

CBD PUNJAB ADVANCES WALTON RAILWAY CROSSING FLYOVER AND WALTON ROAD UPGRADATION PROJECTS FOR IMPROVED LAHORE CONNECTIVITY

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Zarnab Shastri’s Private Videos Leaked Amid Manahil Malik’s Controversy

Sajal Malik Video Leak Sparks Controversy as Fans and Critics Debate

Another leak: TikToker Somal Mohsin’s private videos go viral

Another obscene video of Minahil Malik goes viral

Torino Comics Honors Akira Toriyama, Creator of Dragon Ball and Dr. Slump

Must Read

UBG Women Wing
Headline

UBG Women Wing Sindh delegation visit KATI

December 16, 2021
US, China working closely together to curb coronavirus pandemic: Trump
WORLD

President Donald J. Trump Approves Utah and Arizona Disaster Declaration

April 5, 2020
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.