McKinsey MD offers assistance to reduce lines losses
Prime Minister Nawaz Sharif on Tuesday reaffirmed the government’s resolve for ensuring a merit-based business friendly environment in the country.
“We have a liberal approach towards economy and as a government, our earnest efforts for ensuring transparency, competitiveness and giving an enhanced role to private sector in the national economy are eminently clear from our actions,” he added.
The prime minister was talking to McKinsey Group Global Managing Director Dominic Barton at the Prime Minister House.
He said that the government encouraged private sector in order to ensure sustainable economic development and for providing a friendly business environment in the country. He said that the government was strictly following the policies of meritocracy and transparency.
The prime minister said that it was necessary to ensure that the projects are implemented at a fast pace as slow implementation of projects hampers the overall progress and development initiatives of the government.
“We are engaged in pursuing the economic reforms agenda of our government with special focus on achieving self sufficiency in energy and infrastructure development in Pakistan,” he added.
Dominic Barton observed that Pakistan had witnessed an amazing economic turnaround by pursuing practical economic policies during the last two years.
He said that energy sector, infrastructure development and attracting investments were the rightly prioritised areas by the government and his group was ready to support its policy reforms.
“We are ready to extend our assistance to the government in reducing line losses in the transmission lines,” Barton said.
“China Pakistan Economic Corridor (CPEC) is internationally viewed as a vital project which is destined to unlock the economic growth in Pakistan, as well as the entire region,” he observed.
Minister for Finance Ishaq Dar and other senior government officials were present during the meeting.
[…] PM reaffirms resolve to insure merit-based business friendly environment Prime Minister Nawaz Sharif on Tuesday reaffirmed the government's resolve for ensuring a merit-based business friendly environment in the country. “We've a liberal approach towards economy and as a government, our earnest efforts for ensuring … Read more on Pakistan Today […]
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