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Home Business

Cabinet approved housing project on 400 kanals for overseas Pakistanis

by Web Desk
January 11, 2022
in Business, Economy
Reading Time: 3 mins read
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Cabinet approved housing project on 400 kanals for overseas Pakistanis
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Chaudhry Fawad Hussain said the federal cabinet also approved the launching of a Housing Project on 400 kanals for overseas Pakistanis. He said overseas Pakistanis can procure apartments in this project through Roshan Digital Accounts.

He said the government will fetch around two billion dollars through this project. He said the cabinet was also directed to frame a policy to enable foreigners to procure land in Pakistan.

This was decided in the Meeting of the Federal Cabinet held in Islamabad with Prime Minister Imran Khan in the chair.

Meeting of the Federal Cabinet held in Islamabad with Prime Minister Imran Khan in the chair.

Chaudhry Fawad Hussain said the cabinet was also briefed about the Covid situation in the country. He said it has been decided that no lockdown will be imposed in the country as Pakistan’s economy cannot afford this. He, however, appealed to the people to observe precautionary measures, especially wearing of face masks at public places, to prevent the spread of the virus. He said the government will keep monitoring the situation.

Regarding Electronic Voting Machines, the Minister said the Ministry of Science and Technology has been directed to provide EVMs to the Election Commission of Pakistan to hold the next elections in Islamabad through these machines to ensure transparency.

The federal cabinet has approved to proceed against Shahbaz Sharif in the Lahore High Court for submitting a false affidavit in fraudulently escaping Nawaz Sharif abroad.

Briefing media in Islamabad this afternoon, about the decisions taken by the Federal Cabinet, which met in the federal capital with Prime Minister Imran Khan in the chair today (Tuesday), Minister for Information and Broadcasting Chaudhry Fawad Hussain said Nawaz Sharif’s proceeding abroad on the pretext of medical reasons was an utter fraud. He said Nawaz Sharif has been living in London for 17 months, but he has not taken any treatment. He said the Punjab Government has rejected all the medical reports submitted by the Sharif family. He said Pakistan’s embassy in London also contacted the Sharif family twice, but it did not cooperate.

Chaudhry Fawad Hussain said Shahbaz Sharif had submitted an affidavit guaranteeing the return of his elder brother, who neither got any treatment nor returned to Pakistan. He said Shahbaz Sharif was fully involved in Nawaz Sharif’s escape from the country. He said the government will pray to the court that Shahbaz Sharif should be disqualified for submitting a false affidavit or he should be bound to bring back his brother as per promise.

The Minister said the Federal Cabinet approved an electricity tariff adjustment of one rupee per unit for the next three months to provide relief to the people. Besides, Science, Technology, and Innovation policy, Sambarial-Kharian Motorway, import of urea from China, and privatization of Guddu and Nandipur power plants were approved.

Referring to the tragic incidents of Murree, the Minister said the Prime Minister expressed deep grief and sorrow over the deaths of tourists there. He said the people died of carbon monoxide in their vehicles.

The Minister said the PTI government is the first government that gave due importance to the tourism sector. He said thirteen new tourist resorts have been established. He said the structure of the tourism sector is being improved to ensure proper facilities for tourists.

Tags: latest

Web Desk

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