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Foreign elements unable to witness investment in Pakistan: Dar

Dar chairs meeting on money laundering

ISLAMABAD, 20 JUNE, (DNA) – Federal Finance Minister Ishaq Dar on Monday said that international debts had increased to Rs 12 billion during Ex-President Pervez Musharraf and late Benazir Bhutto’s tenure.

Debts worth Rs 11 billion were due on the government regarding China-Pakistan Economic Corridor (CPEC) project, Dar said. He added that CPEC project needed to be closed without acquiring debts.

Speaking to National Assembly, Dar told the House that investment with a value of USD 46 billion will be spent in Pakistan through CPEC, out of which USD 36 billion will be contributed by the private sector.

Within a time span of 3 years, the government had increased Benazir Income Support Program (BISP) budget from Rs 40 billion to Rs 117 billion, he added.

On this occasion, Dar took off wrist watch and gave it to MNA Jamshed Dasti who earlier accused him of wearing a watch worth Rs 50 hundred thousand. Dar asked Dasti to sell this watch and donate Rs 50 thousand. =DNA

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