An 88% increase in foreign investment in the financial year 2020 is a good omen, said Senior Minister Punjab Abdul Aleem Khan.
He added that the global investment of Rs 2.5 billion in the country this year is an encouraging initiative. Khan said that investment in new projects in Pakistan by countries like China and Norway would create new employment opportunities for the country and our economy will grow rapidly.
Senior Punjab minister expressed these views while talking to various delegations in Lahore on Sunday.
Khan said that Prime Minister Imran Khan’s government was leading the country to development and prosperity and overcoming all difficulties and challenges.
He maintained that in the last month of the financial year, an investment of 170 million dollars was made which included telecom, microfinance banking projects, hydel power projects and mega oil and gas projects which is undoubtedly is the success of the incumbent government.
The minister highlighted that under a well thought out plan, some elements were promoting negative news rather than development and positive aspects to divert attention from the corruption and bad governance of the previous rulers.
He further said that corruption and commission mafia has been discouraged in the last two years and the country’s development agencies are performing better than ever before.
Published in The Express Tribune, July 20th, 2020.
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