Pakistan passing through the most critical phase of its history:Shahbaz Sharif

Lahore:Punjab Chief Minister Muhammad Shahbaz Sharif has said that Pakistan is passing through the most critical phase of its history and facing terrorism, energy and other serious problems. He said that the shortage of electricity has become the more serious issue than the terrorism. He said that industry, agriculture, health, education and other sectors were badly affected by energy crisis. The national economy has faced serious setback due to cancellation of export orders, he added. The Chief Minister said that a unanimous national agenda is needed for bringing the country out of vortex of problems. He asked all political parties, business community, religious scholars, industrialists and stake-holders to prepare a unanimous national agenda. Similarly, there is a need of evolving national energy and industrial policy, he added. Muhammad Shahbaz Sharif asked American Business Forum to make investment in energy, information technology and other sectors and added that joint ventures can also be launched for this purpose.

He was addressing an Iftar Dinner hosted by Punjab Investment Board at a local hotel, here today. Vice Chairman Punjab Investment Board, Muftah Ismail, President American Business Forum, Saleem Ghori and other office bearers as well as investors attended the dinner. American Business Forum and investors informed the Chief Minister about the problems relating to investment and security.

Earlier, office bearers of American Business Forum while appreciating the initiatives taken by the Punjab government for creating conducive atmosphere for investment in the province, said that they will enhance investment and American companies will also come here for investment.