Sovereignty hinges on economic autonomy: Army chief

Sovereignty hinges on economic autonomy: Army chief

Islamabad (Agencies): Chief of Army Staff (COAS) General Qamar Javed Bajwa has said that there cannot be any sovereignty in the absence of economic sovereignty.

Addressing a seminar titled "Pakistan's Economy: Challenges and Way Forward" at National Defence University on Friday, Bajwa said Pakistan is going through difficult economic situation, and we all need to fulfill our responsibilities so that difficult initiatives taken by the government succeed.

Bajwa said the armed forces played their part by voluntarily foregoing annual increase in defence budget and this is not the only step we are taking for improvement of economy, said a press release issued by the ISPR.

Army chief highlighted Pakistan's efforts for restoring regional peace that will lead to better trade connectivity. He said for our region to develop, we need to have greater regional connectivity amongst all neighbors.

Bajwa said such types of interactions are important to enable both government and other stakeholders in exchanging their views on issues of national importance.