PM Shehbaz Sharif's Big Announcement - Big News
#PMShehbazSharif #PakistanEconomy #AsimMunir #Electricity
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ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.
Official Facebook: https://www.fb.com/arynewsasia
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NewsTranscript
00:00to make the industry, exports, industrial and agricultural products cheaper
00:11and to make our export-based industry competitive in international markets
00:22We have worked hard to reduce their electricity costs
00:36This is a historic step
00:38Rs 10.50 per unit has been announced to reduce electricity costs for all sectors
00:51whether it is for local consumption or for export
00:57Rs 10.50 per unit has been announced to reduce electricity costs
01:04This is a quantum leap which will reduce the burden of Rs 200 billion on these industries
01:17I am confident that our exports will be sold in international markets
01:27Another positive aspect of this budget is that our stock exchange reached 76,000 points
01:45which was the biggest point in the history of Pakistan
01:52This means that businessmen and business groups have given an endorsement on this budget
02:03In some areas where there was no tax, there was corruption
02:15Millions of rupees were invested in real estate
02:21There was no employment or business there
02:26Millions of rupees were invested in real estate
02:36On the other hand, a poor man can't afford to eat
02:41On the other hand, the middle class can't afford to pay taxes
02:45On the other hand, I think that the middle class is getting married in Istanbul
02:59A poor man can't afford to buy food for his daughter
03:16This is the difference between the rich and the poor
03:22My dear brothers and sisters, Pakistan can't be a country of the rich
03:30It can't be a country of the rich
03:34The millions of souls who gave their lives for Pakistan will not find peace in their graves
03:40This is why we have decided to establish a new record for the production of animal products
03:53We will establish a new record for the production of animal products
03:56In this month of May, our great Pakistanis sent $3 billion remittances to Pakistan
04:15This is an indisputable proof that they trust the government of Pakistan
04:23They believe that the situation will improve in the future
04:32And Pakistan will become a great country
04:35Similarly, I have implemented an emergency in the field of education
04:41The Punjab Education Endowment Fund in Punjab
04:45This was a fund for orphans and poor people
04:51But their parents did not have the means to provide them with a good education
04:58We have given more than 20 billion rupees to thousands of children in Punjab
05:07Today, we have established the Pakistan Education Endowment Fund
05:12And now, Inshallah, Azad Kashmir, Gilgit-Baltistan, which was in ruins in the past
05:21Now, it has been established in KP
05:24The children of the poor areas of Balochistan will be provided with education through the Pakistan Education Endowment Fund
05:40My dear brothers and sisters, we have started the agenda and mission for the next five years
05:55I have just sent you some of the signs of this
06:00We have decided to privatize and sell all the institutions that are causing hundreds of billions of losses to this country
06:22Inshallah, we will collect that money
06:26Not only will the economic condition of Pakistan improve
06:30But we can also invest a large part of the funds in the development of Pakistan
06:43For example, Dasu Dam, Dayam-e-Basha Dam, IT infrastructure in the whole country
06:52We will sell all the institutions that are causing hundreds of billions of losses every year
07:03And we will sell the institutions that are supporting the development of Pakistan