The Federal Minister for Water and Power Liaquat Ali Khan Jatoi has said President Pervez Musharraf's decision to hold two offices would ensure consistency of policies, bring economic stability and strengthen national institutions. Speaking in a PTV programme, he said the policies introduced by the President Pervez Musharraf had put the country on the road to progress, prosperity and development.

He said all national institutions such as Railways, PIA, WAPDA and Steel Mills had shown remarkable performance during the tenure of President Pervez Musharraf.

He said Pakistan Steel Mills had earned a profit of nearly Rs 6.4 billion in the last financial year.

All targets set by the government had been achieved due to consistency of the policies, he added.

The Minister further said the confidence of the investors had also been restored.

He said that 3.5 billion investments in the country were in the pipeline.

Work on many mega projects; such as Gwadar, Coastal Highway and small dams were launched during the government of President Pervez Musharraf, he added.

He said before October 1999 country's economy was at the verge of a collapse as there was only 300 million dollars in the foreign reserves.

The Minister said due to economic reforms and policies introduced by President Pervez Musharraf government, the county had accumulated foreign exchange reserves of dollars 12 billion.

To a question, he said it was a decision of the majority that President Pervez Musharraf should hold both offices.

Copyright Associated Press of Pakistan, 2005