Revival of economy, end to energy crisis first priority: PM | Pakistan Today

Revival of economy, end to energy crisis first priority: PM

Prime Minister (PM) Nawaz Sharif on Wednesday said revival of economy and ending energy crisis was the government’s first priority.
Addressing a meeting of the federal cabinet‚ Nawaz said the government was working to overcome energy crisis‚ which has crippled economy and social life of the people.
He said the government has devised a comprehensive long and short-term policy in this regard. He said projects were being launched to generate cheap electricity through coal‚ wind‚ hydro and solar resources. He said the nation was facing grave energy crisis due to wrong policies of the previous governments.
Nawaz said the government was also taking measures to reduce line losses and improve power distribution system‚ which can help reduce load shedding.
The PM said the Japan International Cooperation Agency (JICA) has committed to fund the Karachi circular railway project. He said JICA would provide up to $2 billion for the project and soon talks on this project with the Japanese agency would be initiated.
He said, “Due to wrong policies and decisions of the previous governments‚ we had to take loan from the IMF.” He welcomed positive criticism on the government policies.

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