Incumbent government ministers during the national assembly session at the Parliament House in Islamabad today (May 2) informed that government has approved eleven projects relating to water, energy and communication since coming to power last year.
Parliamentary Secretary for Planning and Development Kanwal Shauzab told the house during question hour today that these projects will benefit the entire country. She said the government is developing a policy for equitable development of less developed districts to bring them at par with other developed districts of the country. She said one special Economic Zone is being established at Rashakai under China Pakistan Economic Corridor project. The location for the zone was identified by Khyber Pakhtunkhwa government.
Minister of State for Parliamentary Affairs Ali Muhammad Khan told the house that an international level research university will be constructed at the PM House as per the commitment made by Prime Minister Imran Khan. He said by laws of CDA will be changed for this purpose.
Ali Muhammad Khan told the house that Pakistan Steel Mills is not being privatized but it will be revived. He said initially we want to privatize two RLNG plants, two banks, Jinnah Convention center, Lakhra Coal Development Company and residual shares of Mari Petroleum limited. He said institutions such as Pakistan Steel Mills, PIA, Radio Pakistan, PTV and Pakistan Post are national assets.
Parliamentary Secretary for Finance Makhdoom Zain Hussain Qureshi informed the house that a domestic resource mobilization program will be launched from 1st of July with the aim to broaden the tax base. He said this program of four hundred million dollars will be financed by the World Bank.
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