Islamabad, Mar 11 (App):prime Minister Muhammad Shehbaz Sharif on Monday regretted that elite classes in the Country had monopoly over the 90 percent resources of the Country and stressed that they did not deserve any subsidies.
Islamabad, Mar 11 :prime Minister Muhammad Shehbaz Sharif on Monday regretted that elite classes in the Country had monopoly over the 90 percent resources of the Country and stressed that they did not deserve any subsidies.
Highlighting the huge economic challenges, he said that the masses had given them the responsibility to address these serious issues and they were equally answerable to the people who had given them a mandate to form the Government. The Prime Minister said that during their previous 16-month Government, the people had witnessed their performance, adding that they saved the Country from running into default.
Felicitating the nation on the arrival of ramazan, he said that about RS 12 Billion Ramazan Package was being initiated under which the edible items at the utility stores and mobile utility stores would be provided to the poor and deserving. “i will not tolerate any kind of disturbance in the prices of commodities in the Federal Territory,” he emphasized and assured support and assistance to the provinces.
“the fatal cancer has hollowed the nation,” he said, adding that alone pia, the national flag carrier, had ballooning debt and liabilities of about RS 840 Billion, whereas other state owned enterprises were also incurring Billions of Rupees losses annually.The Prime Minister also underscored the need of enhancement of tax net without burdening the honest tax payers, besides stressing that loopholes which led to tax evasion of billion of rupees should be plugged.
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