Islamabad (April 25, 2018): Federal Minister for Planning and Development, Minister Ahsan Iqbal says China-Pakistan Economic Corridor (CPEC) has become a symbol of global identity of Pakistan.
He was speaking at a seminar “CPEC Five Years: A Story of Success and Opportunities”, organized by Sustainable Development Policy Institute in Islamabad today.
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The Minister said CPEC highlighted Pakistan’s positive image across the world.
He said a number of world countries are keen to enter into a partnership with Pakistan, peace and stability are vital to reap benefits of this gigantic initiative, he added.
The Minister for Planning said the Government has also launched the Productivity, Quality and Innovation (PQI) initiative to make Pakistan globally competitive.
Earlier on, Ahsan Iqbal said the development budget was a part of Finance Bill and was approved by National Assembly as per constitution of Pakistan and National Economic Council (NEC) had only a consultative role in this regard.
He said the federal government could not present a budget for only one quarter of the year as per demand of the chief ministers of Khyber Pakhtunkhwa, Sindh and Balochistan.
In a statement issued here, Ahsan Iqbal was of the view that after the 18th amendment, the main focus of federal development budget had been on the national infrastructure.
He said usually special funds were allocated for under developed provinces and the present government had allocated record funds for Balochistan, Azad Jammu and Kashmir and Gilgit Baltistan.
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