Govt. to facilitate businessmen in wealth creation for overall improvement of economy: PM.

Islamabad -- Prime Minister Imran Khan has said government will facilitate the businessmen in wealth creation for overall improvement of economy. Addressing an exhibition on business reforms in Islamabad on Thursday, he 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.

Imran 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 the 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 we cannot invite investment unless foreign investors have trust on governance and justice system in the country. He said Pakistan was among the fasted 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.

Meanwhile, chairing a meeting, Prime Minister said promoting industry and facilitating...