ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has said the incumbent coalition government is making all out efforts to bring the economy out of prevailing quagmire and put the country ahead on path of development and prosperity.

Talking to a delegation of Council of Pakistan Newspapers Editors (CPNE) here in Islamabad on Wednesday, he said the fears of default have ended now due to prudent policies of the government implemented during its eleven months rule.

About ongoing talks with International Monetary Fund (IMF), the Prime Minister expressed the confidence that agreement with the IMF will be inked very soon. He said the government has to accept the tough conditions of the IMF due to the previous government’s agreement.

He said the present government is cognizant of the sufferings of common people due to prevailing situation, emerged due to acceptance of the strict conditions by the previous government. The Prime Minister lauded the role of all the coalition partners for running the government’s affairs effectively saying that the government is united and moving ahead to bring the country out of present situation.