Govt facilitating businesses in wealth creation: PM.

ISLAMABAD -- Prime Minister Imran Khan Thursday said the government will facilitate the businessmen in wealth creation for overall improvement of national economy.

The prime minister spent his busy day in chairing series of meetings relating to national economy meeting stated this while addressing an exhibition on business reforms here.

The prime minister said more wealth creation leads to more share in the form of taxes that ultimately plays a role in development of the economy. He said industrialization is pivotal for changing the economic lot of the country.

Khan said with higher revenue collected from taxes, the government can launch projects on poverty eradication and social welfare.

The prime minister said despite having a narrow fiscal space, the incumbent government launched a large social welfare program titled Ehsaas, under which various projects are being launched for poverty alleviation and welfare of

public.

Terming youth of the country as a great asset, the prime minister said programmes have been launched to harness the potential of this important segment of population for growth of economy. He said similar efforts are afoot to bring the women in mainstream.

The prime minister said they cannot invite investment unless foreign investors have trust on governance and justice system in the country.

He said Pakistan was among the fastest developing nations in 1960s due to efficient bureaucracy and governance. However, our society declined over the subsequent years due to corruption, bad governance and weakening of institutions.

In a related development, prime minister while chairing a meeting said that promoting industry and facilitating opportunities for wealth creation are among the top...