No need to worry about rupee depreciation, PM assures businessmen

LAHORE: Prime Minister Imran Khan on Saturday asked business and traders to not worry about rupee devaluation, outlining steps the government intends to take to improve economy. Speaking at the Lahore Chamber of Commerce & Industry, the prime minister said that clampdown on money laundering, attracting foreign investment and promoting ease of doing business are among the steps the government will take for improving the economy. Various international companies have expressed interest in investment in Pakistan due to it being a huge market and improved conditions, he said. Pakistan Tehreek-e-Insaf (PTI)’s anti-corruption campaign also played its part in presenting the country as moving towards good governance, the prime minister said. Speaking on money laundering, he said that a “grand crackdown” will be done on those involved and that a new legislation in this regard would also be introduced next week.
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