Senate’s leader says Imran Khan not accepted IMF’s demand over electricity prices

Author: APP

ISLAMABAD: Senate’s House Leader Dr Shahzad Waseem on Monday termed budget fulfillment of promise made by the Pakistan Tehreek-e-Insaf (PTI) in its elections manifesto with the nation that ‘one Pakistan not two.’

Taking part in the budget debate, he congratulated Prime Minister Imran Khan and his economic team for announcing an outstanding budget for the next fiscal year 2021-22. Despite several challenges, he said that a pro-people budget were presented which would bring progress and prosperity in the country.

Dr Shahzad Waseem said that it was based on the growth and particularly on the growth of poor segment of the country. Before 2008, he said that the country’s economic situation was far better. He said that the Pakistan Still Mills and the Pakistan International Airline were also profitable organizations.

Soon after 2008, the economic crisis was resurfaced in the country and many institutions were ruined economically, he said, adding that previous regimes had left serious economic threats. With PTI-led government, he said that there was two choices to bankrupt this country or go to the International Monitoring Fund (IMF).

He said that this was difficult decision for the government to go IMF. He said that COVID-19 was another challenge for the government. However, Imran Khan had took right decisions keeping in view the ground realities, he said. He also paid tributes to the doctors and health staff for their outstanding services.

Dr Shahzad Waseem said the government was also given special financial relief package to the poor segment during pandemic. He said that Pakistan had got success against the COVID-19 pandemic due to the tremendous leadership of Imran Khan. He said that current account deficit was surplus today due to efforts of the government.

He said that outstanding business environment was created and viable business policy was also announced in the country. He said that record remittances were sent by overseas Pakistanis. He said that now PMLN leader saying that overseas Pakistanis know nothing about country politics.

He said that the overseas Pakistanis would be given right of vote and they would also be part of legislation. He said that despite COVID-19 and all kind of challenges, Pakistan had made record four percent growth. He said that this was just start and the next year it would further grow to six percent.

He said the most important requirement was accommodation and people would get this facility. He said that free technical and vocational training was being underway for the youth. He said that health insurance card was also provided to people in Khyber Pakhtunkhwa and now project was also underway in Punjab province.

He said that special financial assistance was also announced for the farmer community. Dr Shahzad Waseem said that agriculture plan was also announced to provide better seeds and water and other facilities to the farmers. He said Information Technology (IT) sector had made record 40 percent growth in last 10 months, adding that the government was also given industry status to the IT sector.

The house leader said that youth was an asset not liability, adding that the Kamyab Jawan programme and artificial intelligence programme were underway. He said that Imran Khan had clearly asked IMF that prices of electricity would not be raised at any cost. He said the present government was working on the improvement of transmission system and distribution of power.

He said that three mega dams were under construction, including Diamer Basha and Dasu. He said that PTI was not against employment but employments should be on merit and not on political basis or merit violation like in the past. He said that the government had also announced 10 percent increase in salaries of the government employees and also 10 percent increase in pensions.

He said that maximum funds were allocated for all the provinces, including Sindh and Balochistan. He said that budget was doubled for the higher education. He said that the climate change was also on the government agenda and efforts were underway.

Share
Leave a Comment

Recent Posts

  • Business

Investors scour the globe for shelter as Wall Street shakes

Global investors are eyeing European and emerging market assets to protect themselves from further turbulence…

3 hours ago
  • Business

Fed to hold rates steady as inflation dims hopes for policy easing

U.S. central bank officials will conclude their latest two-day policy meeting on Wednesday with a…

3 hours ago
  • Business

Asian markets track Wall St down as Fed looms

Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after…

3 hours ago
  • Business

Bank of Japan’s hawkish whispers drowned out by rowdy yen selloff

The Bank of Japan's decision to keep policy unchanged last week gave yen bears plenty…

3 hours ago
  • Business

Mega Cotton Seminar held in Bahawalpur

Under the auspices of the Agriculture Department (Extension), Government of Punjab, the mega cotton seminar…

3 hours ago
  • Business

Gold price surges by Rs7,100 per tola in April

Gold price in the country surged by Rs7,100 per tola in April following a surge…

3 hours ago