Operation ‘Azm-e-Istehkam’ Gets Green Light from Federal Cabinet
Operation ‘Azm-e-Istehkam’ Gets Green Light from Federal Cabinet.
Read More: Pakistan Seeks Extradition of Wanted Terrorist from UK
Prime Minister’s Strategy for Economic Boost and Security Measures
Economic Development Plan Prime Minister Sharif outlined his strategy to enhance Pakistan’s economy by focusing on:
- Increasing Exports: Developing small and medium-scale industries.
- Abolishing Elite Privileges: Prioritizing economic security and equal opportunities.
- Privatization: Accelerating the privatization process, especially for Pakistan International Airlines (PIA).
Azm-e-Istehkam Vision
- Intelligence-Based Operations: Intensifying existing operations to eradicate terrorism and violent extremism.
- No New Operations: Clarified that no new large-scale operations are planned.
- Multifaceted Cooperation: A collaborative effort involving security agencies and national vision.
Cabinet Instructions and Decisions
- Budget Participation: Ensured cabinet members’ presence in parliament during the 2024-25 budget discussion.
- Sugar Export: Approved limited surplus sugar export, with a committee monitoring prices to prevent increases.
- Privatization of PIA: Progressing rapidly with pre-bidding company visits and an August bidding schedule.
- Humanitarian Aid: Approved WFP’s transit of trucks from Karachi to Kabul.
- MoU with Saudi Arabia: Approved MoU with Saudi Ministry of Religious Affairs.
- Extended Tenure: Extended the implementation committee for the late emir of Bahawalpur’s movable property until March 2025.
Economic Coordination Committee (ECC) Decisions
- Sugar Reserves: Assured ample reserves and approved a small surplus for export.
- Monitoring Sugar Prices: Committee formed to monitor prices, with export halts if prices rise.
Summary
Prime Minister Sharif’s strategy emphasizes economic growth through industry development, abolishing elite privileges, and ensuring equitable opportunities. Security measures will focus on existing operations against terrorism. The cabinet’s decisions include advancing PIA’s privatization, monitoring sugar prices, and facilitating humanitarian efforts. This comprehensive approach aims to stabilize and grow Pakistan’s economy while enhancing national security.
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