Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Good Fortune trailer
    Videos

    First Trailer for Aziz Ansari’s Good Fortune, Starring Keanu Reeves

    May 29, 2025 2 Min Read
    Last of Us Season 2
    Videos

    ‘The Last of Us’ Season 2 Premieres Date What to Expect From HBO’s Hit Series

    April 13, 2025 2 Min Read
    Disney Snow White box office
    Videos

    Snow White Teaser Drops: Gal Gadot and Rachel Zegler Shine

    February 22, 2025 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Former President Zardari Calls for Economic Stability in Pakistan
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Asif Ali Zardari health update
PhotoNews Pakistan > Pakistan > Former President Zardari Calls for Economic Stability in Pakistan
Pakistan

Former President Zardari Calls for Economic Stability in Pakistan

Web Desk
By Web Desk Published June 24, 2023 4 Min Read
Share
Pakistan Peoples Party, Co-Chairman, Asif Ali Zardari
SHARE

Former Pakistani President Asif Ali Zardari voiced his concern about the outbound migration of Pakistani businessmen and their capital due to ‘insecurity.’ He emphasized that these entrepreneurs could earn a ‘lucrative’ return on investments made in Pakistan, far surpassing destinations like Dubai.

As the co-chairman of the ruling coalition party PPP, Zardari alluded to potential returns as high as “1000 percent.” He proposed that the business community secure a charter signed by each political party to address the economic crisis and stabilize the country’s financial standing.

This was Zardari’s third dialogue with the business community in less than a month, where he engaged with members of the All-Pakistan Textile Mills Association (Aptma). Alongside him were Syed Murtaza Mahmud, Minister for Industries and Production, and Saleem Mandviwalla, chairman of the Senate standing committee on finance and revenue.

Push for a Charter of Economy

Echoing his address to the Lahore Chamber of Commerce and Industry two weeks ago, Zardari once again called for a charter of the economy. This time, however, he urged businessmen to secure the signature of each political party on the charter, asserting that he held no reservations about their political affiliations. He highlighted a previous attempt to establish a national charter of the economy with the former prime minister, Imran Khan, who failed to comprehend the country’s critical issues. He reaffirmed the PPP’s readiness to sign such a charter.

Zardari assured the textile millers of providing a level-playing field for the industry. He expressed his wish for business representatives to assume cabinet roles in textile and finance, stating his preference for a technical person heading these ministries. He also pledged to address the business community’s concerns, believing that resolving these issues would lead to greater tax contributions. With the assistance of the textile industry, he envisioned an export worth $100 billion.

Economic Sectors and International Relations

Commenting on the renewed diplomatic relations between Saudi Arabia and Iran, Zardari noted that this development would benefit the region and enable Pakistan to procure cheap LPG from Tehran. He further pledged that a PPP-led government would ensure the completion of the Pak-Iran gas pipeline, support border trade, and facilitate a reduction in input costs for the textile industry by importing gas from Iran.

Zardari reminded the audience of his “trade not aid” mantra during his tenure as head of state in his discussions with the European Union. He encouraged Pakistani entrepreneurs to learn how to market their products effectively in international markets. Given Bangladesh’s GSP plus status and India’s strategy of tagging 70% of its textile products as “Made in Bangladesh” for European sale, Zardari called for similar strategic measures.

Lastly, Zardari advised that providing quality crop seeds would enhance the agricultural sector, promoting a stable rural economy.

TAGGED:Asif Ali ZardariFeaturedPakistan Peoples Party
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

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

Recent Posts

China RoboBrain 2.0

China Unveils RoboBrain 2.0: A Leap in Humanoid Robotics AI

Trump National Guard Los Angeles

Trump Deploys 2,000 National Guard Troops to Los Angeles Amid Immigration Protests

JD Vance marriage rumors

JD Vance Calls Elon Musk’s Attacks on Trump a “Huge Mistake”

Justin Bieber mental health

Justin Bieber’s Recent Photos Spark Fan Concern for His Mental Health

Ric Flair skin cancer

WWE Legend Ric Flair Faces Skin Cancer Again

Post Archives

More Popular from Photonews

19th century Condom Exhibit
Offbeat

19th-Century Condom with Nun and Clergymen Displayed at Dutch Museum

2 Min Read
Britney Spears New Name in Mexico
Entertainment

Britney Spears Embraces New Identity as Xila Maria River Red in Mexico

4 Min Read
Malir Jail Karachi Prisoner Escape
Sindh

Sindh Orders Arrest of Malir Jail Constable in Massive Jailbreak Probe

2 Min Read
Pakistan

Jazz and Qvantel Expand Partnership with New Digital Centres in Pakistan

On June 3, 2025, Jazz, Pakistan’s leading digital operator, strengthened its strategic partnership with Qvantel, a…

June 3, 2025
Punjab

Punjab Cabinet Slashes Electricity Bills, Launches Air Punjab

The Punjab Cabinet, headed by Chief Minister Maryam Nawaz, announced a 30-40% reduction in electricity bills…

June 4, 2025
Pakistan

Pakistan Approves 535% Salary Hike for National Assembly Speaker and Senate Chairman

The federal government of Pakistan approved a 535% salary increase for the Speaker of the National…

June 7, 2025
Balochistan

Former Senator Abbas Afridi Dies in Khuzdar Gas Blast Tragedy

Former Pakistani Senator Abbas Afridi has died from injuries sustained in a gas leak explosion that…

June 6, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?