Economy on the mend after two difficult years, Prime Minister Khan says in his Independence Day speech 2020:

Economy on the mend after two difficult years, Prime Minister Khan says in his Independence Day speech 2020:

In a televised address to the nation on the occasion of its 74th Independence Day, Prime Minister Imran Khan said on Friday that things are improving after 2 "very difficult" years of PTI rule.

He said the economy has improved with stock market trends showing investor and business community confidence, adding that the country averted a massive crisis by not defaulting on debt payments.

Prime Minister Khan said he is well aware of the hardships people have gone through and are still struggling with. Despite the coronavirus crisis, tax collection in the country over the past two months has been beyond target with exports on the rise, he pointed out.

He congratulated the nation on its success in the fight against the coronavirus, saying the number of coronavirus cases is falling. He said hardly another country has been able to strike a balance between the economy and the pandemic as Pakistan has.

However, he cautioned, this doesn't mean the struggle is over, urging the masses to continue taking precautions, including wearing a mask as they venture, to control the pandemic.

Expressing solidarity with the people of Indian-occupied Kashmir, he reiterated Pakistan's continued diplomatic and moral support for the Kashmiris' struggle for their right to self-determination.

In a series of previous tweets, Prime Minister Khan, congratulating the nation on its 73 years of independence, said: "Our journey to Quaid's Pakistan has begun: for the rule of law with all citizens equal ahead. to the law; and to an Islamic welfare state based on compassion ".

“I congratulate the nation in recovery of our economy after 2 years of struggle. Current account and fiscal deficits are falling; construction industry and through the take-off of job creation thanks to our special incentives; rising stock market; exports and revenues on the rise and sales of cement and cars on the rise ".

“I congratulate the nation for repairing the damaging structure we have inherited in our energy sector.

After lengthy negotiations we have signed a new agreement with the PPIs which will reduce the cost of generating energy and reduce circular debt. The next objective of the reform is the energy distribution system ".