Indicators signify economy heading in right direction

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has said that increase in foreign exchange amidst coronavirus pandemic reflects overseas Pakistanis’ trust in the economic policies of the current government.
Talking to Governor State Bank Reza Baqir here on Friday, Shah Mahmood Qureshi said that continuation of GSP Plus status for Pakistan by the European Union (EU), appreciation of rupee against the US dollar, and other economic indicators signify that the national economy is heading in the right direction.
The minister said that Pakistani ambassadors are introducing investment opportunities in Pakistan and the government’s business friendly policies across the world through economic diplomacy. He expressed the confidence that the government will soon overcome the economic challenges facing the country.
Reza Baqir briefed the foreign minister on the performance of SBP, increase in foreign exchange and other economic indicators.
Meanwhile, Foreign Minister Shah Mahmood Qureshi has said that Indian Illegally occupied Jammu & Kashmir (IIOJK) is faced with the gravest humanitarian crisis anywhere in the world.
In his message on Jammu Martyrs Day on Friday, the foreign minister said that Pakistan will not relent in its support until the Kashmiris realise their legitimate right to self-determination in accordance with the relevant resolutions of the United Nations Security Council (UNSC).
The foreign minister said that November 6 marks the darkest day in the history of Jammu and Kashmir. He said on this day, 73 years ago, the Dogra Army backed by the Rashtriya Swayamsevak Sangh and the Indian occupation forces systematically martyred more than 237,000 Muslims in the first massive genocide in the post-World War II period.
The foreign minister said that India’s illegal and unilateral actions of 5 August 2019 are a sad continuation of the murderous intent of the Jammu massacre since they are also aimed at reducing the Muslim majority of Indian Illegally Occupied Jammu and Kashmir into a minority. They represent a blatant violation of the United Nations Security Council Resolutions and the 4th Geneva Convention.
He said that during the past seven decades, Indian occupation forces have tried every possible tool of oppression and violated every single right of the Kashmiri people.
He said however, history stands witness to the fact that unabated Indian oppression has failed to break the will of the Kashmiri people. The indomitable spirit and unshakable resolve of the Kashmiri people have only gained in strength as a result of the serious crimes being perpetrated against them by the Indian occupation forces.
He said, “On this day, as we pay profound respect to the memory of the Kashmiri martyrs of the genocide in Jammu, we call upon the world community to commit to never allow such despicable atrocity to take place again.”
He urged the international community to take urgent steps to help address the grave human rights and humanitarian situation in IIOJK and urge India to comply with its international obligations with regard to the rights of Kashmiri people. – TLTP