ISLAMABAD, May 27 (APP): Minister for Finance and Economic Affairs
Senator Muhammad Ishaq Dar Saturday said that the government had decided
to write off the loans of the House Building Finance Corporation (HBFC)
obtained by widows.
Addressing a post-budget press conference here, the minister said
in order to give relief to the widows, loans of Rs 250,000 to Rs 300,000
obtained by them since 1999 would be written off and the matter had been discussed with the HBFC.
He said all government employees were happy over the government’s
decision to propose 10% raise in salary and merger of 2009-2010 adhoc
reliefs in the basic salary.
He said the government had decided to activate the Pakistan
Development Fund and it had been decided that in future unviable
projects would not be approved. The fund was a good initiative,
he added.
Ishaq Dar expressed displeasure over negative approach of some
politicians regarding the budget and advised them to play their due
role in the progress of the country rather involving in negative
politics.