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Economic feasibility of Pakistan (1 Apr 1948)

Speech on the occasion of the presentation of New Pakistan Coins and Notes by the Finance Minister of Pakistan, on 1st April, 1948.

I thank you Mr. Finance Minister for the honour you have done me by presenting the first Pakistan coins and notes to me today. I take this opportunity of publicly expressing the appreciation of the Government and people of Pakistan of the way in which you and your Ministry has handled the finances of our Young State and your untiring zeal to put them on a sound footing. When we first raised our demand for a sovereign and independent State of Pakistan there were not a few false prophets who tried to deflect us from our set purpose by saying that Pakistan was not economically feasible. They painted extremely dark pictures of the future of our State and its financial and economic soundness. The very first budget presented by you must have caused a shock to those false prophets. It has already demonstrated the soundness of Pakistan’s finances and the determination of its Government to make them more and more sound, and strong. Although it has meant the tightening of our belts, to a certain extent, but I am sure that the people of Pakistan will not mind making sacrifices in order to make our State in the near future really a strong and stable State. So that we can handle more effectively and with ease our programme, especially for the uplift of the masses. I have no doubt in my mind about the bright future that awaits Pakistan when its vast resources of men and material are fully mobilized. The road that we may have to travel may be somewhat uphill at present but with courage and determination we mean to achieve our objective, which is to build up and construct a strong and prosperous Pakistan.

Pakistan Zindabad

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