Prime Minister Muhammad Shehbaz Sharif has said the government is rigorously pursuing the agenda of economic reforms to steer the country out of prevailing challenges.

Presiding over the Federal Cabinet meeting held in Islamabad today, he said the reports of international financial institutions and journals showing positive and upward trajectory about Pakistan's economy is a testimony of the prudent policies of the incumbent government.

The Prime Minister said our IT Exports have been recorded all times high, foreign remittances and overall exports of the country have also witnessed surge and credit of all this goes to the sitting government.

He said foreign investment from our friendly countries including Saudi Arabia is also increasing which would have positive impact on our economy.

Shehbaz Sharif said the government is also implementing a comprehensive policy and taking steps to reduce electricity theft and lowering its prices. He, however, said we have not only to take difficult decision, but to safeguard them in the interest of country.

The Prime Minister said the Track and Trace System introduced in 2019 was a complete fraud and cruel joke. He categorically stated that stern action would be taken against those who inflicted loss on the national economy.

The Federal Cabinet has approved establishment of an additional special court in Makran Division to deal with narcotics cases in Balochistan province. 

The approval was accorded at a meeting of federal cabinet held in Islamabad today, with Prime Minister Shehbaz Sharif in the chair. 

The court will have jurisdiction over Panjgur, Kech, Gwadar, Hub and Lasbela districts. The cabinet directed for making the prosecution process more effective. 

The Cabinet also approved the extension of Proof of Registration (POR) cards of Afghan refugees till 30th June this year, enabling the card holders to avail schools, bank accounts and other facilities in Pakistan. 

These POR card holders will be repatriated in the third phase of ongoing repatriation program of illegal nationals residing in Pakistan.

The Cabinet was briefed about progress on privatization of PIA. The cabinet directed the authorities concerned to ensure transparency in this regard.

The meeting was also briefed by the Secretary Aviation about measures taken to improve facilities at airports across the country especially Lahore and Karachi. 

The Cabinet was informed that service counters at the airports have been increased and further improvements are being made in facilities.

The meeting was told that consultation with all stakeholders is in the final stage regarding use of drone technology in the agriculture sector.