Caretaker Prime Minister Anwaarul Haq Kakar said on Thursday that his government was willing to take all-out steps to promote investment in the country.
Expressing his thoughts in Karachi, PM Kakar said: "The Pakistan Stock Exchange (PSX) crosses 60,000, which is a historical mark. We will continue to maintain such a landmark achievement."
He underscored his government's contributions. "We have taken the steps to confront the challenges posed by smuggling, hoarding, and power theft."
Pointing out the key role of traders in fostering the country's economy, PM Kakar said, "The traders' community is playing a vital role in a bid to boost the country's economy."
Read Also: PM Kakar invites Dutch firms to invest in Pakistan
"The major companies should take part in activities related to welfare," the premier said.
PM Kakar stated: "We want to take such steps for the country’s sake that will reap benefits for the next government".
– Swift action –
Few days back, PM Kakar urged on Saturday the immediate execution of the US$100 billion commitments for climate finance to ensure the implementation of climate change actions in developing countries.
During the 28th Conference of Parties of the United Nations (COP28), he delivered the National Statement, emphasising that such finance should not impede development finance or add to the existing high debt burden of developing nations.
Prime Minister Kakar called upon developed countries to take the lead in enhancing global mitigation ambitions in proportion to their economic standing and historical responsibility. He urged them to assist developing countries in achieving similar goals.
Stressing the need for global resilience, he advocated for an ambitious outcome in the form of a framework for a global goal on adaptation with clear targets and indicators, including regular progress monitoring. Additionally, he emphasised that at least half of climate finance should be allocated to adaptation.
Expressing high expectations from COP28, Prime Minister Kakar underscored the importance of tangible actions over mere words. He highlighted the urgency of providing adequate means of implementation, including climate finance, capacity-building, and technology, to empower developing countries to address the escalating challenge of climate change.
