The National Security Committee’s (NSC) firm resolve to stabilise the economy and stamp out the menace of terrorism with full force reflects the authorities’ serious attitude in reviving the market sentiment battered by the economic tailspin. This was stated by coordinator to Federal Tax Ombudsman Meher Kashif Younis while talking to a delegation of industrialists and traders led by Mian Aftab Zia, reports WealthPK.

He said economy couldn’t progress without stamping out terrorism as a peaceful environment is a prerequisite for economic stability. He said it was highly commendable that the NSC had taken both the issues of national importance seriously and was committed to steering the country out of the prevailing economic quagmire by flushing out terrorists from their hideouts.

He said that the survival of a country depends on the sound economy. "So, we have to make all-out efforts to strengthen our stumbling economy in the wake of global high inflation, flash flood devastation and the impact of Covid-19." Kashif Younis said Pakistan was passing through its most critical juncture since its inception and it was incumbent upon the top leadership of the mainstream political parties to iron out their differences and play their role in larger national interests to help offset hovering threats of economic instability and heavy economic losses on Pakistan.

Kashif Younis, who is also chairman of Kyrgyzstan Trade House, said in order to strengthen the economy, the government must undertake result-oriented concrete steps, including import rationalisation and preventing illegal dollar outflows and hawala business. He said emphasis should be on boosting agricultural production and industrial manufacturing to ensure food security and import substitution. He said the government must take all stakeholders into confidence for building a consensus to ensure effective and fast-track economic recovery.

Credit : Independent News Pakistan-WealthPk