Lawmakers in the National Assembly on Wednesday stressed the need for giving a boost to the industrial and agricultural production, keeping in view the international market standards and requirements, to put the national economy on consistent path of development.

MNAs for boosting export-oriented industrial, agricultural growth

They were of the view that there should be focus on export-oriented production as the country had immense potential in industrial and agricultural sectors to get due share in world markets. Muttahida Qaumi Movement-Pakistan (MQMP) MNA Engineer Sabir Hussain Kai Khani highlighted the importance of increasing the industrial an agricultural production and their export after value addition to build up the country’s foreign exchange reserves.

He said Pakistan should have signed agreements with potential countries to boost its exports instead of getting loans aimed at achieving sustainable economic growth. He was of the view that there should be maximum presence of members of the federal cabinet in the House and officials of all ministries in the galleries to note budgetary proposals of the lawmakers for due considerationand incorporation in the final fiscal plan before its passage from the National Assembly.

He also urged members of both treasury and opposition benches to ensure their active participation in the budget debate as the people had given them mandate to discuss their issues in this august forum. The lawmaker said there should be a productive debate that how a strategy could be devised to ensure provision of basic amenities of life to the public keeping in view limited available resources. He said a number of countries had taken loan facilities from the International Monetary Fund (IMF) and other financial institutions and attained development, but it was unfortunate that in Pakistan the acquired loans could not be judiciously utilized for the national development and uplift of the common man.

He suggested the government to adopt drastic austerity measures to save the precious energy and strengthen the national economy. Chaudhry Muhammad Barjees Tahir of the Pakistan Muslim League-Nawaz (PML-N) said that Pakistan was agrarian countries but facing food security challenges as the PTI government had badly ruined all the economic sectors of the country, leading to the increasing inflation. He said the incumbent government had prepared the fiscal plan in onsultation with its allies to lessen financial sufferings of the common Man

Source: This news is originally published by pakistantoday

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