Sunday, May 26, 2019

Political and economic stability is key to democracy: President Mamnoon


ISLAMABAD:(APS)May 25, 2016-President Mamnoon Hussain has said solution of country’s all problems lies in democratic system.

Addressing the seventh convocation of Quaid-e-Azam University in Islamabad on Wednesday, he said democracy is vital for political and economic stability as well as for good governance.

Appreciating the economic policies of the government, the President said the country has been put on the right track with economic indicators showing positive trend. The economic performance has also been appreciated by the world’s leading financial institutions.

He emphasized that there is need to maintain this momentum to take the country forward.

Referring to the China-Pakistan Economic Corridor, Mamnoon Hussain said this is not merely a bilateral project but the entire region will benefit from it. Pakistan will emerge as a hub of international trade with completion of this mega project.

He said the Central Asian states have already started planning projects to connect with the CPEC. He said CPEC will create hundreds of thousands of new jobs and the youth should get themselves prepared to seize opportunities.

He said under CPEC, Gwadar deep sea port will be made functional by the end of this year. Ship making industry will also be set up there.

About the menace of terrorism, Mamnoon Hussain said major successes have been achieved in Operation Zarb-e-Azb against terrorists. Ninety to ninety-five percent area has been cleared of the terrorists and the government and the armed forces are committed to continue the operation till complete elimination of the menace.

Earlier, the President gave away gold medals to the outstanding students.

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