Wealth creation vital for poverty alleviation: Imran.

LAHORE -- Prime Minister Imran Khan Saturday said it was his mission to reduce poverty as 40 per cent population in the country was living below the line of poverty.

Wealth creation was essential for poverty alleviation and for the purpose, an enabling environment would be provided to industries, he said while addressing a function held here under the auspices of All Pakistan Textile Mills Association.

The function was organized to thank the prime minister for providing affordable energy-gas and electricity-for revival and growth of the export industry.

The prime minister said he was aware of the problems that confronted the textile industry from time to time. However, an enabling environment would be provided to industries.

He said when Malaysia was transformed by its leadership, it provided opportunities to the entrepreneurs. UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum also believed that profit was important for ensuring investment.

The money earned from legal means definitely benefited the country and there was difference between profit and profiteering, he added.

The prime minister said if there would be no rebate, those associated with small businesses would suffer. Proper governance system in the country would help ensure progress and prosperity.

Investors were now showing interest in making investment in Pakistan, he added.

The prime minister said due to the problem of current account deficit, the government had to approach the

friendly countries, though it was not the job of leaders to seek aid.

He said seeking aid compromised the sovereignty of nations. However, no strings were attached to what...