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1.8 billion dollars have been pledged to international financial institutions. Muzamil Aslam

The details of Khyber Pakhtunkhwa government’s international donors’ conference have been released

1.8 billion dollars have been pledged to international financial institutions. Muzamil Aslam

The Asian Development Bank has pledged $1 billion, the World Bank $500 million, and the European Union $100 million.

Khyber Pakhtunkhwa Finance Adviser is not providing the funds of the Federation of Khyber Pakhtunkhwa less and timely

ISLAMABAD (  Web  News  )

Khyber Pakhtunkhwa Finance Adviser Muzamil Aslam has said that it is a great success for the Khyber Pakhtunkhwa government to organize a donor conference of international financial institutions in which 1.8 billion dollars were promised for the development of the merged districts of Dir and Chitral. It is not only the development of Khyber Pakhtunkhwa, but the development and success of the whole of Pakistan. In this donor conference, the Asian Development Bank has promised to invest one billion dollars, the World Bank has promised to invest 500 million dollars and the European Union has promised to invest 100 million dollars. These views were expressed by the Provincial Advisor on Finance while giving a media briefing in Islamabad. The Finance Advisor said that currently Pakistanis are worried about the economic future of the country and in these circumstances, the promises and ambitions of investing 1.8 billion dollars are a big success and trust on the government of Khyber Pakhtunkhwa by international financial institutions. The Donors Conference was not praised only because it will be considered as a success of Khyber Pakhtunkhwa and Tehreek-e-Insaaf, although it is a much-needed and huge success for the entire country. The finance adviser said that it is very important to state that these are cheap financial aid and loans, they are not like the loans that the federal government is taking at 10 percent interest. This is not happening in Punjab province, many videos including air ambulance, 16 rupees bread are being leaked while on the other hand Khyber Pakhtunkhwa government organized such a big and game changer donor conference showing seriousness. Talking about other important issues, the finance adviser said that the federal government is not providing the funds of Khyber Pakhtunkhwa which are apart from NFC so that there is a financial crisis in Khyber Pakhtunkhwa and the work on development projects cannot be completed. The finance adviser said that in this regard, Khyber Pakhtunkhwa has sent twelve different types of letters to the federation, of which the letter with the biggest issue is that when FATA was being organized, the federation used to give 62 billion rupees, this year 66 billion rupees. have been given, while the expenses of salaries of the merged districts of Khyber Pakhtunkhwa government are 96 billion rupees. The finance adviser said that the federation is not giving money intentionally and has also written a letter for eight billion of NFC. Khyber Pakhtunkhwa Finance Adviser said that the third letter was written between FBR and CAPRA about taxes. The Federation is not even giving money to Khyber Pakhtunkhwa for its hydel power projects of the province which we are giving for three or four rupees and the Federation of Electricity. Selling for Rs.30. The finance adviser said that under the Welling procedure, the federal government is asking for unit charges of Rs 27 for projects like Pehore, which is unfair to the province, so we will create our distribution company in collaboration with international organizations if this attitude of the federal government keeps The finance adviser said that Khyber Pakhtunkhwa produces 42 percent of Pakistan’s oil, which the federal government is not paying. Federal excise duty on oil has been reduced to zero so that the provinces do not get money. The finance adviser said that the federal government is not even giving money for the hydropower profits of Khyber Pakhtunkhwa so that no development work can be done in the province. A letter has been written to the Federation. The finance adviser said that 10 billion rupees have been released for health cards in the province, while 10 billion rupees have been given for the Ramadan package and seven billion rupees have also been released for the police. Said that provincial bias should be eliminated. Discrimination against Khyber Pakhtunkhwa should be stopped, and the Chief Minister Punjab is also talking about discrimination and check posts, which should not happen.

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