Reforms being introduced to salvage country from crisis, Tarar

Reforms in pension structure are being mulled in the government institutions across the board, information minister

ISLAMABAD:

Minister for Information and Broadcasting Attaullah Tarar said on Tuesday that the country standing at the crossroads was going through transformation, and various reforms were being introduced in multiple sectors.

Addressing a press conference along with Minister for Finance Muhammad Aurangzeb and Minister for Law and Justice Azam Nazeer Tarar, he said the country’s economy is on the right track and all the indicators are positive.

The minister said that international organizations, including financial journals, had endorsed the economic stability figures.

After coming into power, the steps taken by the government to reduce its expenses and privatization of loss-making public sector entities is part of the plan, said Tarar.

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“Reforms in pension structure are being mulled in the government institutions across the board,” he remarked.

He said pensions are a big hurdle in the government plan of curtailing expenditure, adding life expectancy has increased in the world and various countries increased the retirement age.

The minister said a proposal to increase the age of retirement is being considered across the board, adding that a section of the media was speculating that it was aimed at some specific institution which was incorrect, if approved it would be implemented across the board.

Attaullah Tarar said that efforts were being made to take the people on board on various issues being discussed at government forums for avoiding fake news and propaganda.