Planning Minister Ahsan Iqbal says government has successfully averted the economic default, reduced inflation and deficit, while upward trend is being observed in exports and remittances.

He stated this while inaugurating High Performance Research Center at NED University of Engineering and Technology in Karachi.

The research center is aimed at improving sports capabilities with the help of modern technology.

Highlighting the facilities in the sports arena, Ahsan Iqbal said the center is embracing advanced technology to monitor, assess and improvise the potential of the sportsperson at micro level.

He stressed on close ordination among government, industry and academia for steering the nation on the path of development in era of technological revolution.

He said the 'E-Pakistan' is one of the objectives of PM's Uraan Pakistan program for exploring new avenues of sustainable economic growth and stability and government is committed to achieve the set goals.

The Minister said that peace, political stability, continuity of the policy for at least a decade, and cohesive reforms are four requisites for achievement of the goals.

He said that spirit of the CPEC has been revived and various development initiatives are under implementation.