China loaned another $600 million: Prime Minister
Islamabad: Prime Minister Shahbaz Sharif has said that China’s Exim Bank has given another loan of 600 million dollars, which has increased the country’s foreign exchange reserves.
Addressing the launch ceremony of Prime Minister Youth Sports Initiative in Islamabad, Prime Minister Shahbaz Sharif said that today I am very happy to participate in this event, despite the limited resources, I congratulate the youth on behalf of the whole of Pakistan. The youth made the name of Pakistan bright.
The Prime Minister said that this is not an unusual thing, if there were diplomatic etiquette, he would not have mentioned the name, but the heart says that the one who has done a favor should be remembered. I think that Pakistan’s foreign exchange reserves will increase, but we pray that the nation will not develop through debt, but through hard work, earning and sacrifice.
“Despite meagre resources, our children are our pride as they have demonstrated their skill and won platitudes for the nation. The entire nation is proud of you.”
– Prime Minister Shehbaz Sharif @CMShehbaz @PMsYouthProgram pic.twitter.com/KKzJuNCRgK
— PTV News (@PTVNewsOfficial) July 18, 2023
Shahbaz Sharif said that the way children won gold medals in various sports fields, I think we should learn from it. They will provide whatever resources they can for the education of boys and girls, their vocational training and the construction and beautification of their playgrounds.
He further said that there are millions of youth in Pakistan who deserve to be given opportunities. In this budget, 5 billion rupees have been kept for the youth. It is hoped that the new government will further increase this budget.