Federal Minister for Finance, Syed Naveed Qamar said that agriculture would be given priority in the upcoming fiscal budget with an aim to promote the sector for ensuring food sufficiency in the country. "Keeping in view the worldwide food situation, agriculture sector would be given top priority in budget 2008-09," finance minister said while talking to journalists after dinner reception here on Monday night.
The Board of Investment had arranged dinner reception in the honour of business community and investors here on Tuesday night with an aim to apprise them about the investment opportunities in the country. The federal minister said that agriculture was the backbone of country's economy, however, unfortunately it was not given proper attention and neglected in past years.
Besides, the federal minister said that special attention would be given towards infrastructure development to lead the country towards economic prosperity. Promotion of agriculture and manufacturing sectors will be given priority for sustainable economic growth, the minister added.
Speaking at the reception, Syed Naveed Qamar said that there has across-the-board consensus on economic polices of the government adding that continuation of investment-friendly policies was the reflective of government commitment to facilitate investors in the country.
He said that investment and privatisation policies have continuity to take the country forward towards progress and economic prosperity, however, added that country was facing great challenges on economic front, which have aggravated following the surging oil and food prices. He, however, expressed the hope that with the positive support of business community and investors, the government would overcome all these crisis successfully.
He said that government has been giving special attention towards energy generation adding the serious efforts were being made to overcome the power crisis. He expressed the hope that load-shedding problems would be overcome within a year. He said that coal sector would be given priority in power generation.
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