PKR 360 Billion Package to Resolve Issues for the Neglected Regions in Punjab

The Punjab Chief Minister, Sardar Usman Buzdar, has announced establishing a regular and balanced district development package of PKR 360 billion for the first time in the country’s history.

The development package, according to the chief minister, will address the problems of the neglected districts. The proposal for a new Punjab Assembly building was put on hold for 15 years by the previous government. Usman Buzdar has mentioned that the project’s cost has increased due to the bias of the last leadership.

The PTI administration finished the development project by allocating PKR 2.5 billion in funding. He went on to say that they put the Wazirabad Cardiology Institute on hold for 15 years but that the current administration completed the project by allocating PKR 3.5 billion in funding and that they have treated 650,000 patients there so far.

Punjab Chief Minister Sardar Usman Buzdar has stated that the Pakistan Tehreek-e-Insaf (PTI) government has worked tirelessly to restore the province’s economy.

In a statement issued on Sunday, he added that Punjab was the only province that had met the tax objective, citing a 24.7 percent rise reported by the Punjab Revenue Authority during the previous fiscal year’s revenue collection. Similarly, the Excise department’s tax collection objective was increased by 18 percent.

They gave special incentives to the business community in the development package, he claimed, to reduce the economic impact of the corona pandemic. Punjab, he asserted, was the only province with a surplus in tax revenue.

You may also like Joint Venture of Pakistani and Austrian Firms Received K-IV Project.

Former authorities’ incompetence had harmed the province’s economy and development, he noted. He claimed that the previous administration had bankrupted the province.