ISLAMABAD – Prime Minister Shehbaz Sharif on Friday announced a significant reduction of Rs4.04 per unit in electricity price or industries besides announcing blue passports for award-winning exporters and businessmen. PM Shehbaz Sharif stated that the country’s efforts have successfully prevented Pakistan from defaulting. He further assured that the country’s economy is now stable, with exporters significantly increasing exports even amid difficult circumstances. Recalling the situation of Sri Lanka, which was facing a default crisis, the Prime Minister shared how street protests broke out there after the country defaulted. PM Shehbaz Sharif explained that after further discussions with the IMF, he assured them that Pakistan would fully comply with its agreement.