There is no NRO in return for the law: PM Imran Khan
ISLAMABAD: Prime Minister Imran Khan has clarified that laws relating to the Financial Action Task Force (FATF) are needed for Pakistan and that no NRO will be given in return for laws in the national interest.
He was speaking at the PTI parliamentary party meeting here on Thursday. Speaking to members, he said that the government was correcting past mistakes while the opposition used Parliamentary forums to save its politics. Imran Khan said that the opposition had tried to block every law. He said the opposition would have a hard time and the government would not blackmail them.
The prime minister directs lawmakers to give a hard time to the opposition and says that they will not be blackmailed. He said the opposition demanded that the NRO not be given at any cost. He said PTI would not back down from its manifesto.
He said the government would pass all bills from sitting with Parliament if the opposition did not extend cooperation in this matter. Meanwhile, the prime minister said while chairing the weekly meeting of the National Coordinating Committee (NCC) for Housing, Construction and Development that the construction of the construction sector could play a key role in minimizing the impact of the pandemic on the national economy through job creation.
The prime minister said the government provided all the facilities possible for the development of the construction sector and urged the business community to take full advantage of the opportunities by investing.
The meeting reviewed in detail the progress made by the government in the construction sector together with the announced incentives for promotion. Thirteen representatives from the Association of Builders and Developers of Pakistan (ABAD) at the meeting promised to start various projects in the next three to four months, which will generate economic activity of Rp1,370 billion. Projects include the construction of around 100,000 housing units.
The prime minister said he was satisfied with the guarantees given by ABAD to take full advantage of the concessions given to the construction sector and to start billions of rupees worth of economic activities.
The business community, he stressed, must invest in the construction sector and the government is committed to expanding all possibilities for cooperation in this regard. The prime minister said that the construction sector must be promoted to eliminate the negative effects of coronavirus on the national economy, accelerate economic processes and bring jobs, especially to young people and fulfill the dreams of the poor.
Meanwhile, chairing a meeting to review the reform process in the electricity sector, the prime minister said transformation was inevitable for the country’s economic stability. Imran Khan said that it was intolerable and unacceptable to make people accept the burden of management errors, theft, and corruption in the electricity sector.
The prime minister was informed of the ongoing reform process, power supply and demand, modernization of the transmission system, reforms in the gas sector and efforts to resolve other chronic problems. The prime minister directs the relevant ministries to complete the action plan for implementing the reform process within the specified time frame. He also instructed decisive action against corrupt elements in the gas and electricity departments which created unnecessary difficulties for consumers.