PM Chairs Meeting Of Govt's Economic Team

Prime Minister Imran Khan said his governments foremost priority is to run the economic system on sustainable basis, which would help create job opportunities, enhance investors confidence and promote local industry.

He expressed these views while chairing a meeting of the governments economic team here, during which matters relating to the promotion of small and medium enterprises revival of sick industrial units and incentives to the construction sector were discussed in detail.

Regarding the revival of sick industrial units, the Prime Minister was informed that a total of 687 sick units were in such a state which could immediately be revived through some measures.

The meeting was told that the revival of such units was possible through the public-private partnership.

The Prime Minister directed that the process of legislation and administrative reforms required for the revival of sick units should be finalized within 60 days under a comprehensive planning.

Regarding the provision of incentives to the construction sector, the meeting was told that the tax incentives would soon be offered to the relevant industries in this sector.

The Prime Minister stressed for regular meetings with the economic team so that enhanced inter-ministerial coordination was ensured.