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You are here: Home»Top News»Pakistan Top News»Govt to meet financial needs of FATA; 67pc of circular debt cleared: Dar

imageISLAMABAD: Engineer Shaukatullah, Governor Khyber Pakhtunkhwa called on Federal Minister for Finance Senator Ishaq Dar in his office Saturday and discussed the financial requirements of tribal areas.

The Governor Khyber Pakhtunkhwa appreciated the initiatives taken by the federal government for revival of economy and observed that a positive improvement is being seen.

The Governor KP handed over an invitation by Khyber Pakhtunkhwa Chamber of Commerce to the Finance Minister which he accepted in principle.

The Finance Minister assured the Governor that despite financial constraints, all the legitimate financial requirements of the tribal areas will be met and assured him of full support.

Senator Ishaq Dar said that all political parties should unite to address the economic problems facing the country, a plea that he made in his post budget speech in Parliament in June 2013. The government, Senator Ishaq Dar said had cleared 67% of circular debt setting dues of Private Power Producers and is in process of clearing the balance before the deadline.

Copyright INP (Independent News Pakistan), 2013


 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln