Second-time Prime Minister-elect Shehbaz Sharif has promised to solve the circular debt crisis in Pakistan.

In his victory speech after being elected the premier, he said the public was suffering the burden of sky-high electricity and gas prices.

“Electricity and tax thefts are a matter of life and death for Pakistan […] and I want to say that God willing we will remove this cancer from its roots and make the country stand on its feet.

“It is difficult […] it is a long and thorny journey full of hurdles, but countries that surmounted these challenges became one of the most going nations around the world,” he said.

Shehbaz highlighted that the poor people were bearing the burden of electricity and tax theft. The PM-elect said he would oversee the end of tax theft and bring a technological model that would remove any human error.

“This will decrease inflation, increase employment, the country will grow.”