(24 News) Prime Minister Shehbaz Sharif has said that Islamabad was attacked, exports will increase if it is indeed economically stable.
Speaking at the 26th National Security Workshop of the National Defense University, the Prime Minister said that thousands of armed men tried to spread instability, miscreants attacked Islamabad with various weapons, the stock market was affected by what happened in Islamabad. He said that national security is directly related to economic security, the forces of Pakistan and the people have fought terrorism bravely, unfortunately the monster of terrorism is resurfacing. khyber Pakhtunkhwa and Terrorism in Balochistan happening
He said that Pakistan is slowly moving towards the right direction, the goverment is still facing big challenges. Economic growth has been slow, they are trying day and night to improve the economic situation.
Taxes worth trillions of rupees are being stolen,they are trying to end tax leakage,Shahbaz Sharif said that begging will not work,we have to create our own resources,after democracy,the time has come for a chartered economy.They want to use the achievements for development and stability.
How does political stability in Pakistan influence its national security?
interview: Analyzing Economic Stability and National Security in Pakistan
Q: Welcome to our interview, [Expert’s Name]. Let’s dive right in. Prime Minister Shehbaz sharif stated that Pakistan’s national security is directly linked to its economic security. Could you elaborate on how these two factors are interconnected?
A: Thank you for having me. The connection between national security and economic security is crucial. A stable economy leads to political stability, which can reduce the chances of unrest and violence. When an economy struggles, as we’ve seen in Pakistan, it can lead to discontent and, later, threats to security, such as the recent armed attacks in Islamabad. A robust economy allows the government to allocate resources towards security measures and social programs, ultimately fostering a sense of trust and stability among the populace.
Q: Prime Minister Sharif mentioned challenges like tax leakage and the need for economic self-sufficiency. What strategies could be implemented to address these issues effectively?
A: Addressing tax leakage is vital for pakistan’s economic health. Implementing advanced technology in tax collection, such as digital tracking systems, can considerably reduce tax evasion. Additionally, fostering a culture of compliance among taxpayers through education and incentivization can encourage more people to fulfill their tax obligations. As the Prime Minister noted, its essential for Pakistan to create its own resources rather than relying on foreign aid or loans, which requires a comprehensive strategy involving public-private partnerships and a focus on lasting industries.
Q: The Prime Minister raised concerns about terrorism resurfacing, notably in Khyber Pakhtunkhwa and Balochistan.What implications does this have for economic advancement in these regions?
A: The resurgence of terrorism can have devastating effects on economic development. investors seek stability, and ongoing conflict can deter foreign and domestic investment. in regions like Khyber Pakhtunkhwa and Balochistan, increased security measures are necessary to create a safe habitat for economic activities. Furthermore, community engagement and development initiatives can help address the root causes of terrorism, thus fostering an environment conducive to growth.
Q: You mentioned that the government is working to improve the economic situation. Based on your insights, what practical advice would you give to entrepreneurs looking to invest during these challenging times?
A: Entrepreneurs should adopt a long-term viewpoint when investing in challenging economic landscapes. Focusing on sectors that are resilient during economic downturns, such as technology and essential services, can yield better results. Additionally, collaborating with local communities can help businesses establish a loyal customer base and mitigate risks associated with instability. Engaging in corporate social duty initiatives can also enhance a brand’s image, making it more attractive to consumers and investors alike.
Q: what role do you see for international partners in strengthening Pakistan’s economy amid these challenges?
A: International partnerships can play a significant role in facilitating knowledge transfer, investment, and infrastructure development. Collaborating with established economies can bring new technologies and practices that can definitely help Pakistan streamline its economic activities. Additionally, international organizations can provide the necessary financial assistance and technical support to help the government implement effective reforms targeting tax collection and investment in security measures.
Q: Thank you, [Expert’s Name], for sharing your insights. As the situation evolves, it’s important for both the government and the private sector to work together to create a stable and prosperous pakistan.
A: Thank you for having me. I hope that through collaboration and strategic planning, we can improve the economic landscape and ensure a secure future for Pakistan.