AGL 8.33 Decreased By ▼ -0.09 (-1.07%)
ANL 10.70 Decreased By ▼ -0.05 (-0.47%)
AVN 78.19 Decreased By ▼ -0.71 (-0.9%)
BOP 5.57 Increased By ▲ 0.07 (1.27%)
CNERGY 5.38 Decreased By ▼ -0.09 (-1.65%)
EFERT 78.65 Decreased By ▼ -1.25 (-1.56%)
EPCL 67.79 Decreased By ▼ -1.21 (-1.75%)
FCCL 14.50 Decreased By ▼ -0.50 (-3.33%)
FFL 6.60 Increased By ▲ 0.15 (2.33%)
FLYNG 7.03 Decreased By ▼ -0.21 (-2.9%)
GGGL 11.34 Increased By ▲ 0.47 (4.32%)
GGL 17.24 Increased By ▲ 0.39 (2.31%)
GTECH 8.30 Increased By ▲ 0.18 (2.22%)
HUMNL 7.06 Decreased By ▼ -0.05 (-0.7%)
KEL 3.08 Increased By ▲ 0.03 (0.98%)
LOTCHEM 32.87 Increased By ▲ 0.35 (1.08%)
MLCF 28.30 Decreased By ▼ -0.31 (-1.08%)
OGDC 84.55 Increased By ▲ 0.05 (0.06%)
PAEL 16.45 Decreased By ▼ -0.35 (-2.08%)
PIBTL 5.85 Decreased By ▼ -0.15 (-2.5%)
PRL 18.12 Increased By ▲ 0.05 (0.28%)
SILK 1.14 Decreased By ▼ -0.01 (-0.87%)
TELE 11.10 Decreased By ▼ -0.22 (-1.94%)
TPL 9.00 Decreased By ▼ -0.20 (-2.17%)
TPLP 19.88 Decreased By ▼ -0.12 (-0.6%)
TREET 26.62 Increased By ▲ 0.19 (0.72%)
TRG 94.50 Decreased By ▼ -0.89 (-0.93%)
UNITY 20.37 Increased By ▲ 0.30 (1.49%)
WAVES 13.63 Decreased By ▼ -0.21 (-1.52%)
WTL 1.31 Decreased By ▼ -0.02 (-1.5%)
BR100 4,209 Decreased By -29.7 (-0.7%)
BR30 15,445 Decreased By -108.8 (-0.7%)
KSE100 42,243 Decreased By -251.5 (-0.59%)
KSE30 15,972 Decreased By -108.3 (-0.67%)
Pakistan

Punjab allocates district development package worth Rs360bn

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has said that for the first time in the history of the country, a...
Published July 12, 2021

LAHORE: Punjab Chief Ministerhas said that for the first time in the history of the country, a balanced district development package of Rs. 360 billion has been allocated by the government.

The chief minister said that this package wills redress the grievances of the neglected areas. The previous government postponed the project of the new Punjab Assembly building for 15 years. He said that prejudice of the former rulers has resulted the increase in the cost of the project. The PTI government completed this project by providing substantial funds of Rs 2.5 billion.

He further stated that work on Wazirabad Cardiology was started in 2006 and the same was kept pending for 15 years adding that the incumbent government completed this project by providing funds of Rs 3.5 billion and 650,000 patients have so far been treated in this cardiology institute.

Chief Minister said that Punjab is the only province which has achieved the tax target as 24.7 percent increase has been reported during the revenue collection of last financial year by Punjab Revenue Authority. Similarly, there is 18 percent increase in the tax collection target Excise department. He said that special incentives were given to business community to minimize the economic impact of Corona pandemic. Punjab is the only province whose tax revenue target is in surplus.

The incompetence of former rulers had badly affected the economy of the province. He said that the previous government had made the province bankrupted. The incumbent government has worked day and night and put the economy of the province on the right direction and today Punjab's economy has been strengthen once again, he added.

Copyright Business Recorder, 2021

Comments

Comments are closed.