ISLAMABAD
Dispelling rumours about conditions attached with receipt of $1.5 billion, Finance Minister Ishaq Dar on Saturday said that the assistance has been extended by friendly countries unconditionally as a gift and their share in public welfare projects.
Talking to a group of reporters, the minister said that all the speculations about this huge amount of foreign exchange should now come to an end. He said the whole world today recognises the economic policies of the prime minister and economic stability of the country.
He said $1.5 billion received from the friendly countries have been deposited in development fund and foreign investors are showing their confidence in Pakistan.
Dar said the gift by the friendly countries have expressed their desire that their names should not be made public.
He said Pakistan has repaid $2.70 billion to the IMF and pointed out that Pakistan entered into an agreement with the IMF to repay the old loan.
Dar once again expressed his optimism that the foreign exchange reserves would reach $10 billion by the end of March, 2014. He said revenue collection has witnessed an increase of 17.7 percent and the provinces would get Rs200 billion more as their share compared to last financial year. He said the economic indicators are positive, the GDP has witnessed increase and the exchange rate is strengthening.
He said Sindh would be linked with rest of the country through Motorway and elaborated that Rs 800 billion would be spent on Motorway projects across the country.
Govt employees make the largest no of tax payers. They include Armed Forces personnel, teachers etc. They do not deserve pay rise because they only teach our children, defend our borthers., and lay their life as well. Pay rise be given to politicians because they all belong to Sharif brothers family. I am sure people will remember PPP’s workers favored policies now. Who is better ?
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