AIRLINK 209.55 Decreased By ▼ -1.42 (-0.67%)
BOP 10.46 Decreased By ▼ -0.21 (-1.97%)
CNERGY 7.35 Decreased By ▼ -0.06 (-0.81%)
FCCL 34.39 Increased By ▲ 0.82 (2.44%)
FFL 18.05 Decreased By ▼ -0.36 (-1.96%)
FLYNG 22.92 Decreased By ▼ -0.70 (-2.96%)
HUBC 132.49 Increased By ▲ 1.10 (0.84%)
HUMNL 14.14 Increased By ▲ 0.04 (0.28%)
KEL 5.03 Increased By ▲ 0.05 (1%)
KOSM 7.07 Decreased By ▼ -0.09 (-1.26%)
MLCF 45.20 Increased By ▲ 1.44 (3.29%)
OGDC 218.38 Increased By ▲ 4.82 (2.26%)
PACE 7.58 Increased By ▲ 0.13 (1.74%)
PAEL 41.70 Increased By ▲ 0.17 (0.41%)
PIAHCLA 17.30 Decreased By ▼ -0.17 (-0.97%)
PIBTL 8.55 Decreased By ▼ -0.05 (-0.58%)
POWERPS 12.50 No Change ▼ 0.00 (0%)
PPL 189.03 Decreased By ▼ -0.57 (-0.3%)
PRL 42.33 Decreased By ▼ -1.98 (-4.47%)
PTC 25.17 Increased By ▲ 0.20 (0.8%)
SEARL 103.96 Increased By ▲ 0.59 (0.57%)
SILK 1.03 No Change ▼ 0.00 (0%)
SSGC 39.24 Decreased By ▼ -1.26 (-3.11%)
SYM 19.16 Decreased By ▼ -0.36 (-1.84%)
TELE 9.24 Decreased By ▼ -0.20 (-2.12%)
TPLP 13.10 Decreased By ▼ -0.40 (-2.96%)
TRG 69.18 Increased By ▲ 4.71 (7.31%)
WAVESAPP 10.72 Decreased By ▼ -0.18 (-1.65%)
WTL 1.71 Increased By ▲ 0.06 (3.64%)
YOUW 4.14 Decreased By ▼ -0.07 (-1.66%)
BR100 12,079 Decreased By -111.6 (-0.92%)
BR30 36,602 Increased By 19.8 (0.05%)
KSE100 116,053 Decreased By -202.4 (-0.17%)
KSE30 36,578 Decreased By -25.8 (-0.07%)

National Assembly Speaker Chaudhry Amir Hussain said that federal government under Pakistan Social Development Programme had allocated huge funds during the current fiscal year for the completion of projects pertaining to peoples welfare in the country.
In an interview with Business Recorder here on Monday, he said that prime concept of the government was to improve living standard of people, eliminate poverty and provide basic facilities to the common man.
Sufficient funds were being provided to the elected representatives for the execution of development projects pertaining to public welfare in their respective constituencies, he said.
The speaker was of the opinion that due to effective and sustainable economic policies of the government the economic growth had been increased considerably during the past six years.
The confidence of investors had been resorted resultantly a large number of foreign and overseas Pakistanis had showed their willingness in investing in Pakistan, he added.
Chaudhry Amir Hussain revealed that overseas Pakistanis were playing tremendous role in increasing remittances and at present the overseas Pakistani remittances increased to 300 million dollars from 88 million dollars.
Apart from this, the foreign exchange reserves had also been increased to 12 billion dollars from 1.6 billion dollars while exports were touching 17 billion dollars from 7.8 billion dollars, he disclosed.
About the construction of Sialkot-Lahore motorway, he said that work on this mega project would be carried out shortly. The completion of this mega project would not only reduce the distance between Lahore and Sialkot but also open new vista of prosperity and industrial development in Sialkot, he added.
The speaker said the government was utilising huge funds on the provision of basic facilities like electricity, Sui gas, telecommunication, education, health and means of communication in far-off and neglected areas.
The government had prepared a plan to illuminate every village in the country, he said.
The speaker said that in order to produce skilled and trained hands vocational training institutions would be set up at tehsil and districts headquarters, adding that the step was being taken for reducing unemployment graph in the country.
He called upon the business community that they should establish more small and cottage industries in remote areas for generating job opportunities and help in scaling down the unemployment. Large scale of industries in such areas would not only help in reducing unemployment graph but also supportive in minimising the rural migration towards cities, he said.

Copyright Business Recorder, 2006

Comments

Comments are closed.