Govt to pull nation out of ‘debt trap’ - News Summed Up

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Govt to pull nation out of ‘debt trap’


Chairing his maiden cabinet meeting, Prime Minister Shehbaz Sharif Wednesday said the country was caught in a ‘debt trap’ and the coalition government had to pilot the nation out of it. Shehbaz assured the nation that the federal cabinet will work together to resolve the issues of unemployment and rising inflation. He further told the cabinet members that the new government had to take decisions that were in favour of the people of Pakistan. During the cabinet meeting, the federal cabinet approved a summary seeking removal of Federal Minister of Finance and Revenue Miftah Ismail’s name from the Exit Control List. Meanwhile, the federal cabinet also replaced Sanaullah Abbasi with Rai Tahir as the new Director General of the Federal Investigation Agency (FIA).


Source: The Nation April 21, 2022 05:50 UTC



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