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August 21, 2015

Govt’s prudent policies improved national economy, says president


August 21, 2015

ISLAMABAD: President Mamnoon Hussain Thursday said that in spite of heavy odds Pakistan’s economic managers have brought about improvement in national economy through their outstanding performance for which Federal Finance Minister Ishaq Dar and his team deserve appreciation.
Addressing the 10th Convocation ceremony of Institute of Space Technology at Islamabad, that president observed that there was a marked improvement in the country’s economy. “In the past, the corrupt elements have greatly harmed the country”, he remarked.
President Mamnoon said that China-Pakistan Economic Corridor project would usher in a new era of economic revival in Pakistan besides generating immense employment opportunities. He said that Gwadar Port would be the most important port in the region where a shipping industry would also be established.
He said, “in view of the strides made in the field of space research in our region and the world, Pakistan needs to set clear targets in this field without which we cannot achieve national progress and economic stability.”
The president called upon the graduating students to accord priority to serving the nation along with their families when they step into the practical life. He distributed certificates and prizes amongst the graduating students at the end of the ceremony.
Earlier, he inaugurated Geospatial Research and Education Lab. He was accorded warm welcome by playing captivating tunes upon arrival at the convocation ceremony.Earlier, the president said that Pakistan has investor-friendly policies and expressed the hope that Belgian companies would invest in Pakistan in various economic sectors. He observed that Pakistan’s achievements at economic and financial front are being acknowledged globally.
Talking to outgoing Ambassador of Belgium Peter Claes who called on him at Aiwan-e-Sadr, the president called for greater people-to-people contacts and exchange of parliamentary, cultural and business

delegations between the two countries to deepen bilateral relations. He said that Pakistan desires to benefit from Belgium in education sector and suggested enhanced collaboration between the universities of the two countries. He emphasized that Pakistan was committed to fight the menace of terrorism and extremism till its complete eradication. The president commended the services of Peter Claes for promoting bilateral relations between the two countries and wished the outgoing envoy success in his future life and assignments.
Peter Claes thanked the president for the support he was extended by the government of Pakistan during his stay as ambassador in Pakistan.

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