LAHORE: Petroleum Minister Musadik Masood Malik said on Saturday the government had prepared a plan under which youngsters would get jobs after completing their degrees, and they would be able to create employment opportunities for others.

The minister said that to implement the plan, some changes in the system and investment support from other countries were needed.

Addressing a press conference, he said the imbalance in the country’s exports and imports also created challenges and stressed the need to boost exports.

He said the federal government wanted to increase gross domestic product and boost productivity.

Mr Malik said the government was bringing economic changes in the country and approaching other countries to ensure sustainable development. He said there was a need to end an atmosphere of polarisation in society and promote a sense of respect and morality.

“Pakistan has deep brotherly relations with Saudi Arabia,” he said, adding that Pakistan wanted its development. He said the recent talks with Saudi Arabia were aimed at Pakistan’s progress and development, and the arrival of a high-level Saudi business delegation was part of such efforts.

Published in Dawn, May 5th, 2024

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Editorial

Updated 04 Aug, 2026

Swat bombing

IT is a bitter irony that terrorists struck a protest against violence in Swat on Sunday, causing at least 17...
04 Aug, 2026

Tariff blow

FOR an export sector already squeezed by high production costs, the additional 10pc tariff on top of the existing...
04 Aug, 2026

Perilous peaks

THE deaths of 10 climbers in an avalanche on Broad Peak is a sad reminder of the perils that many mountaineers face...
Updated 03 Aug, 2026

Farewell to arms?

PALESTINIAN resistance group Hamas recently made a major concession by agreeing to give up its weapons. It should be...
03 Aug, 2026

Unplanned future

A PROJECTION that Pakistan’s population could reach 400m by 2040 should not be treated as another dramatic number...
03 Aug, 2026

No more torture

EVEN the best laws on the books are worth little unless the state shows the willingness to enforce them. This is...