Investors’ facilitation govt’s top priority: PM Khan
PM urges provinces to give 3 % share in NFC to tribal districts
Prime Minister Imran Khan on Monday said that the tough decisions would prove beneficial for the nation. He said this while presiding over a parliamentary party meeting in Islamabad during which Advisor to Prime Minister on Finance Abdul Hafeez Sheikh gave a detailed briefing on agreement with the International Monetary Fund and Tax Amnesty Scheme.
The economic team also gave answers to the questions asked by national assembly members.
PM Imran Khan and Advisor to Prime Minister on Finance Abdul Hafeez Sheikh also gave answers to the questions asked during the meeting, while PTI’s parliamentary leaders expressed reservation over increase in gas and power tariff. The adviser of finance said that the increase in gas and power tariff won’t affect 75 percent of the country’s population. The prime minister on the occasion said that the government was giving Rs216 billion subsidy to in the gas and power sectors. He asked not to give subsidy to the institutions that were not working properly.
In a meeting with Chairman Board of Investment (BOI) Chairman Haroon Sharif, Prime Minister Khan said provision of all possible facilities to investors is the PTI government’s top priority. Promotion of investment is imperative for the economic progress of the country.
Later, speaking at the National Assembly Prime Minister Imran Khan Monday said that development of erstwhile FATA was responsibility of the entire country and urged the provinces to give three percent share in National Finance Commission (NFC) Award for uplift to tribal districts. Prime Minister said the people of former FATA had suffered a lot in the war against terrorism and this long war had damaged the entire infrastructure of the area. He said it was responsibility of the entire country to come forward and bring former FATA into the mainstream.
Later, a high level session and briefing under the supervision of the Prime Minister of Pakistan, Imran Khan over the state of economic affairs in the country was held Monday. Financial advisor to the state, economic team briefed the attendees about the terms and conditions finalized with International Monetary Fund (IMF) with regards to it’s economic program for the country and amnesty scheme.
We care about the poor, we are striving to provide a better living to the common citizen, we are trying our best to minimize the effect of economic turmoil on the impoverished, said the PM.