PM for introducing energy policies to make Pakistan regional manufacturing hub

Caretaker Prime Minister Anwaar-ul-Haq Kakar has called for introducing prudent energy policies to make Pakistan manufacturing hub for the entire region.

In an interview with China Global Television Network, he said economic revival and transfer of technology are major factors, which are impacting all kind of economic activities around the globe.

The Prime Minister emphasized the need to focus on spending less and earning more. He said good taxation system and structural reforms should be on top of the domestic economic agenda of revivalism.

Talking about the Belt and Road Initiative of China, Anwaar-ul-Haq Kakar said it is offering the best opportunities like relocation of industry to all the regional countries including Pakistan. He said it will encourage industrialization in the country. He said the government is focusing on Special Economic Zones to attract Foreign Direct Investment through progressive taxation.

Source: Radio Pakistan