Sunday, 1 June 2014

Govt starts uplift projects to facilitate people: Dar

ISLAMABAD: Federal Minister for Finance Ishaq Dar has said that Pakistan Muslim League-Nawaz (PML-N) government had launched several development projects to improve economy and facilitate the people.

He said that Nandipur, Dasu, Bhasha, Neelum-Jhelum and other projects would be completed in near future to meet the growing demand of energy in the country.

Talking to the official television, he said that PML-N government was taking all important steps to streamline the system. Ishaq Dar said the government had paid circular debt to bring improvement in the energy sector.

Ishaq Dar said that budget deficit had been reduced due to the dynamic policies of the present government.

He said that a large number of people would be provided assistance through Income Support Programme.

The finance minister said that the PML-N was following its manifesto given during the election campaign.

Replying to a question, he said that present government wanted to produce 40,000MW electricity through different resources for achieving speedy progress in all the sectors.

Ishaq Dar said that a huge amount was allocated for fee reimbursement programme of the students.

To another question, he said the government was not getting any dictation from International Monitory Funds (INF).

He said that an additional amount would be given to the provincial governments to bring prosperity in the country.

Meanwhile, the World Bank (WB) Country Director for Pakistan, Rachid Benmessaoud, expressed the hope that the board of the bank would approve assistance for Dasu Project.

“We are working day and night for board meeting to be held on June 10 and hope that the assistance for Dasu Project will be approved,” he said during his meeting with Finance Minister Senator Mohammad Ishaq Dar here.

During the meeting WB Country Director assured the finance minister that things were moving positively for Pakistan at the World Bank.

He said that they were encouraged by the positive trends of the economic indicators.

The meeting was also attended by Shahid Mahmood, Special Assistant to the Finance Minister and senior officials of the Finance Ministry.

Ishaq Dar informed the Country Director that Pakistan’s economy was moving in the right direction and that we would continue to engage with multilateral fora including World Bank for assistance in energy and infrastructure development programmes initiated by the government.

He added, in line with the vision of the prime minister to make Pakistan developed and prosperous country, the government has embarked upon a plan to meet the energy requirements and make Pakistan an economically viable country.

He emphasized that World Bank’s assistance in energy and development projects particularly on Dasu Dam and CASA -1000 will help Pakistan progress.

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