ISLAMABAD – Pakistan On A Road To Development: PM. Prime Minister Imran Khan, on Wednesday, said that Pakistan is moving on the road to development. This is mainly due to accelerated development spending, stable rupee, 73pc decrease in current account deficit, growing exports and enhancing cement sales.
According to details, Imran Khan said this in a tweet. “Pakistan is moving on the road to development with accelerated development spending; rupee stable; current account deficit down by 73 percent; exports growing; cement sales up.”
The prime minister in his tweet also attached an audio-video report of Planning and Development Division. It depicts 39pc raise in developing spending during the first eight months (July-February) of the current fiscal year 2019-20. The highest during this period of the last six years.
According to the report, the percentage of development spending in July-February period of previous fiscal years remained 32pc in 2014-15; 31pc in 2015-16; 29pc in 2016-17; 32pc in 2017-18; and 23pc in 2018-19. Pakistan On A Road To Development: PM.
Meanwhile, the report mentioned that the spending of Rs. 17.7 billion in the current fiscal year on Karachi-Peshawar Motorway – 99 percent of work on that protect had been completed; Rs. 24.6 billion on Havelian-Thahkot section of Karakorum Highway Phase-2; starting of work on Rs. 309.6 billion Mohmand Dam Hydro Power Project; Rs. 3.7 billion on Jaglot-Skardu road; Rs. 5.5 billion on the 2nd phase of national programme for improvement of canal system; Rs. 3.7 billion on 10 billion tree tsunami programme and various other projects depicted the government’s seriousness to achieve socio-economic development in the country.
The report also highlighted the government’s commitment and priorities of spending and financial assistance in various projects of national interest including the China Pakistan Economic Corridor (CPEC).