DAVOS: Caretaker Prime Minister Anwaar-ul-Haq Kakar expressed confidence that a stable government will be formed after the forthcoming general election scheduled for February 8 leading to sustainable economic stability in the country.

“I do see and project that there will be a great growth in Pakistan. There will be a sense of stability. The growth will be slow but it will be sustainable,” the prime minister said in an interview with CNBC on the sidelines of the 54th annual meeting of World Economic Forum (WEF).

He maintained that the speculations regarding holding of the elections had been addressed and everyone was certain about the election date on 8th of February.

PM Kakar said it was the top priority of the caretaker setup to bring economic revival and to focus on the growth and other economic indicators.

He said the next government had to follow a clear principle of spending less and earning more to achieve the economic stability. “We need to bring back the non documented economy into documented economy and transform our state to a more viable economic entity,” he added.

He highlighted that the caretaker government would publish a white paper on its 4-5 months performance. “We did introduce and revamp the programme within taxation system, we brought structural changes that would be passed through the cabinet formerly by the end of the month, after that it would be in place as policy.”

Further he said the caretaker government went for aggressive privatization, it cut its expenditures at the federal level and it was also trying to talk to provinces so they could rationalize their spending. As regards delay in elections, the prime minister said the country faced legal and technical challenges related to the electoral procedures and processes.

To a question about former PTI Chairman, PM Kakar said he was not in jail because of his political opinion but due to his alleged role in committing riots and encouraging his followers towards disruption. He said the people who had been involved in the riots were behind the bars.

To a question of free and fair elections, PM Kakar said before holding of elections, no one can question the fairness of the process.

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