Govt utilizes loans for importing machinery to help run industrial, power sectors

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Tuesday said that present government had utilized the loans for importing machinery to run industrial and power sectors.

Utilizing loans for importing machinery would produce results in days to come besides creating number of job opportunities for unemployed youth of the country, he said while talking to a news channel.

The government had provided soft loans to agriculture sector to achieve speedy progress, he added.

The Pakistan Muslim League Nawaz (PML-N), government after coming into power in 2013, launched many energy projects, he said adding that 10,000 megawatt electricity had been added to national grid for smooth flow of system.

To a question he said that country would have surplus energy in near future as many power plants are near to completion.

Commenting on Pakistan Tehrik-e-Insaf’s 100 days plan, he said the PTI government could not develop the Khyber Pakhtunkhawa areas.

He said that the PTI even could not complete the project of metro bus in the area.