Agreement reached with IPPs, cheap electricity will benefit, Imran Khan addresses nation on Independence Day
ISLAMABAD: Addressing the nation, Prime Minister Imran Khan said that in the beginning we were afraid that people would die from Corona and on the other hand we were afraid that people would die of starvation due to lockdown. Decided, thank God that the cases of Corona have come down and the economy has started going up, we have not won the war yet, we have to be careful, if we go to public places, wear face masks, it will spread the less epidemic.
"Our two years have been very difficult. When we got the government, there were very difficult situations. We could not pay the loan installments. We did not have foreign exchange. In the beginning, we were defaulting. The country should default," he said. So it has big bad effects, the dollar comes in the country and it decreases even more while the dollar becomes more expensive and the rupee depreciates, inflation comes in the country, we have escaped from very bad inflation.
Imran Khan said that the conditions of the people are still difficult, the good news is that the situation is improving, our stock market has gone up, it has gone because the confidence of the people has started to increase, the main reason is our construction sector. Yes, when the construction industry starts to rise then forty more industries start to run with it.
The Prime Minister said that when we came to power, there were two major burdens on our government. The previous governments had to repay half of the Rs 2,000 billion in debt installments. He had to take more loans to run the country.
