Political stability key to achieve economic stability: PM

ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani while reiterating the government’s commitment to strengthen democracy in the country said Thursday political stability was vital to achieve economic stability.

“For economic stability, we need political stability”, Gilani told the participants of a Conference, ‘Pakistan at Risk: Stabilization Challenges after the Flood’, organized by Jinnah Institute of Pakistan here at a local hotel on Thursday.

The Prime Minister assured that with all the institutions in the country including judiciary, parliament and executive working within the ambit of constitution, as well as a vibrant civil society and active media, “We are committed to stabilize and strengthen democracy, for which we have fought”.

Gilani also assured the participants of the conference, which was attended among others by economic experts and senior officials from home and abroad, that the government despite the challenge of floods was resolved to fight the menace of terrorism and extremism.

He said improving the law and order situation and economic stabilization were two major priorities of the government, which will go together, adding, “with one suicidal attack, there is flight of capital and the flow of investment is hampered.”

“We will not make any excuses and will continue to fight terrorism and follow the path of economic reforms”, he added.