Pakistan can ‘retire entire foreign debt’ via tourism: PM Imran Khan

Web Desk News Agency

06th Sep, 2021. 02:19 pm

Prime Minister Imran Khan believes that Pakistan can “retire its entire foreign debt” by promoting tourism, Radio Pakistan reported on Monday.

Addressing a groundbreaking ceremony of an international hotel in Nathia Gali on Monday, the premier highlighted the potential of tourism.

“The government is giving importance to the sector for wealth creation,” said PM Imran. He added that he was confident that Pakistan can retire its foreign debt by promoting tourism.

The premier also assured businessmen that his government will fully facilitate the development of tourist resorts to promote skiing in the country. He said duty concessions will be given to those importing tourism relating products.

In his address, the premier also appealed to the overseas Pakistanis to make investments in Pakistan and assured them that any hurdle facing them will be removed.

“Overseas Pakistanis are our biggest asset and this potential has not been tapped in the true sense,” said PM Imran. He also repeated that due to a “lack of opportunities in the country” Pakistani talent left for greener pastures.

“The government is now extending facilitation to the overseas Pakistanis to invest in Pakistan. This will help enhance our foreign exchange reserves and provide job opportunities to the youth,” said PM Imran.

The premier shared that his government has “waged a relentless struggle for rule of law in the country” and believes that this struggle will provide more investments in the country.

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