During an Independence Day speech, premier addresses concerns about inflation, unemployment, commitment to economic reform and reduction in electricity bills
By Asghar Ali Mubarak
ISLAMABAD: In his recent speech delivered during the Independence Day ceremony, Prime Minister Shehbaz Sharif assured the nation of forthcoming positive developments regarding electricity prices. Sharif emphasized the critical role that affordable electricity plays in the advancement of Pakistan’s industry and agriculture sectors. He stated that without a reduction in electricity bills, these vital sectors could not achieve their full potential and contribute effectively to the country’s economic growth.
Sharif revealed his intention to soon disclose “good” news about the reduction of electricity tariffs, which he believes will alleviate financial pressures on both consumers and businesses. This announcement comes as part of a broader strategy to address pressing economic challenges faced by the nation. In his speech, the Prime Minister also outlined plans to unveil a comprehensive five-year economic plan. This plan is expected to address several key issues, including inflation, unemployment, and the high cost of living, with the aim of providing long-term economic stability and growth.
Reflecting on Pakistan’s 77-year journey, Sharif acknowledged the significant sacrifices made by Muslims under the leadership of Quaid-e-Azam Muhammad Ali Jinnah, which led to the formation of Pakistan. He recognized the nation’s resilience in overcoming numerous challenges, including internal and external conspiracies, economic decline, and social upheavals. Sharif expressed his concern over the current economic hardships, such as inflation and unemployment, and how these issues have been exacerbated by high electricity bills. He highlighted the need for effective measures to address these problems and emphasized learning from past experiences to forge a path toward a prosperous future.
The Prime Minister praised the resilience and achievements of Pakistan over the decades, despite predictions of its failure. He underscored the importance of moving away from dependency and aligning with Quaid-e-Azam’s principles to navigate and resolve current challenges. Sharif reaffirmed his commitment to working diligently on reducing electricity rates, a move he believes will significantly support the country’s economic growth. He promised to keep the public informed about these developments and expressed confidence that the government’s ongoing efforts will lead to positive outcomes.
In summary, Prime Minister Shehbaz Sharif’s address was a reaffirmation of his government’s focus on economic reform and relief for citizens, particularly through the anticipated reduction in electricity bills and the forthcoming five-year economic plan. His speech highlighted a commitment to addressing critical economic issues and aligning with the foundational principles of Pakistan’s creation to guide the country towards a more stable and prosperous future.
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