ISLAMABAD, Sep 16 (ABC):Minister of State for Petroleum Dr Mossadegh Malik said on Friday that the effective long-term policies of the government would lead to economic stability in the country and the government was making efforts to control spiraling prices. Talking to a private news channel, he said that the government was determined to serve the people, especially the backward sections of the society.
He said previous government’s short-term policies and political gains were the main reasons for the economic instability. The government inherited a weaker economy and had to take difficult decisions to improve the situation, he mentioned. Replying to a question, he said the incumbent government and stakeholders were working continously to provide as much relief to the flood-affected people.