Business News

ABBOTTABAD, May 26 (APP): Fiscal Budget 2017-18 is the true
depiction of PML-N policies through which economy of Pakistan
has been stabilized.
This was stated by the PML-N parliamentary leader in KPK
Assembly Sardar Orangzeb Nalotha while talking to APP here Friday.
He further said that the proposed increase of 10% on the basic salary
of the federal government employee’s, ten percent pension increase and merger of ad-hoc reliefs is a big step for the wellbeing of the employees.
Naloth said that the federal government would have to bear additional
expenses of billions of rupees owing to increase in the pay and pensions of the employees which is remarkable.
Nalotha admired the allocation of 121 billion rupees for Benazir Income
Support Income (BISP) and Rs. 20 billion for Prime Minister Laptop Scheme. He said that PML-N government is committed to end energy crises and has allocated Rs. 60 billion which would be spent on power projects while
Rs. 25 billion will be allocated for energy and water projects.
Talking about China Pakistan Economic Corridor he said that on two
sections of Hazara express way which is a part of the CPEC fast pace work is in progress and government has allocated Rs. 25.2 billion on Thakot – Havelian section, Rs. 3 billion have been set aside for the Burhan Haveian Expressway and 10.6 billion have been set aside for the construction for the Havelian Dry Port which would really change the fate of the people of this region.