Economic turnaround, success of construction policy showing results: PMAbdul Gh Lone 4 June 2021 0 COMMENTS
ISLAMABAD: Prime Minister Imran Khan on Friday said the “economic turnaround” and success of the government’s construction policy are showing results in different sectors.
Taking to his official Twitter account, the prime minister said a near-bankrupt Capital Development Authority (CDA), which posted a deficit of Rs5.8 billion in 2017, will close this financial year with Rs73 billion in surplus. He lauded the CDA team for for the turnaround.
“With financial stability achieved, it’s time to accelerate transformation of Islamabad into a model city with priority being on reform & restructuring,” PM Imran Khan said, proposing that other mega cities can also become self-sustaining economic engines of growth through commitment, transparency and innovation.
Our economic turnaround & success of our construction policy showing results in diff sectors. Pak is changing. A near-bankrupt CDA, which posted a deficit of Rs 5.8 bn in 2017, will close this financial yr with Rs73 bn surplus & Rs 26 bn already in accounts. Well done team CDA.
— Imran Khan (@ImranKhanPTI) June 4, 2021
On May 29, PM Khan commended efforts of the Federal Bureau of Revenue (FBR) over crossing tax collection of Rs4,000 billion in a fiscal year for the first time ever in Pakistan’s history.
“I commend efforts of FBR in crossing historic milestone of Rs 4,000 bn in any yr for first time ever. During Jul-May our collections reached Rs.4143 bn & still counting – 18% higher than same period last yr. This reflects broad-based economic revival spurred by govt policies,” he tweeted.
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