Prime Minister Shehbaz Sharif chaired a federal cabinet meeting on Tuesday, addressing issues ranging from energy reforms to the situation of Pakistani citizens in Syria.
The prime minister approved a tariff review for eight independent power producers (IPPs) based on the recommendations of the cabinet's special task force. This move is expected to save the national exchequer approximately Rs200 billion, sources quoted the PM as saying during the meeting.
The cabinet has already approved the cancellation of agreements with five IPPs.
Furthermore, PM Shehbaz commented that the situation in Syria has changed dramatically in a few days, adding that Pakistan maintained a neutral stance on the matter. He updated that 250 Pakistani pilgrims and over 300 other Pakistanis were awaiting evacuation.
He also shared that efforts were underway to ensure the safe return of the pilgrims, teachers and students. He added that the deputy prime minister and the Ministry of Foreign Affairs were in touch with the Pakistani ambassadors in Syria and Lebanon for facilitating evacuation plans.
The PM also revealed that evacuation of the stranded Pakistanis was possible through Beirut in chartered flights as soon as Lebanon approves the route.
"I spoke to the Lebanese prime minister yesterday on the matter and told him about the evacuation of 500 to 600 Pakistanis through Lebanon. The Lebanese PM said the return of Pakistanis will be facilitated," he disclosed, adding that his Lebanese counterpart even issued directions in this regard. This was confirmed by the Pakistani ambassadors to Syria and Lebanon.
Moreover, he said weekly inflation showed a decline of 3.57%, stressing that peace and political stability were essential for economic development.
PM Sharif also talked about the law and order meeting he chaired on Monday. He condemned recent sabotage attempts in Islamabad, stating that he had issued orders regarding the vandalism in the city. The conspirators against the state would face strict action. However, he cautioned against targeting innocent citizens.
"The country's economic stability is linked to political stability," he stressed.
The PM highlighted the record remittances, adding that unfortunately, once again, a call for disobedience has been given. "What greater enmity can there be against Pakistan than this?" he questioned.
Prime Minister Shehbaz Sharif also discussed an invitation extended by Azerbaijan’s ambassador on Monday for a state visit in February. The ambassador assured that $2 billion in investment projects would be identified ahead of the visit.
In his closing remarks, the Prime Minister reiterated the government's commitment to ensuring political and economic stability, stressing that these elements are pivotal for Pakistan’s progress.
