Past 8-yrs witnesses 60% decline in agri sector spending: Fawad Chaudhry
ISLAMABAD: In past eight years, around 60 percent spending on agriculture sector has witnessed decline besides there was a dire need to work on growth of fisheries sector.
Cabinet has also given approval for easing visa terms with Malaysia.
Briefing journalists after Cabinet meeting, Federal Information Minister, Fawad Chaudhry informed that around 3.2 million natural gas consumers had been sent inflated bills since 2016.
He said PM has instructed to pay back Rs 2.5 billion to gas consumers who had been billed heavily.
Investigation was underway to ascertain reasons of overstated gas bills. Investigating teams have informed that in this connection, big name would come in limelight, he revealed.
On Cabinet meeting decisions, Minister informed that agriculture reforms would be brought within span of five years. Agriculture loans would also be enhanced to ease growers’ difficulties, he maintained.
He said that Jahangir Tareen briefed Cabinet meeting on agriculture
He said that Prime Minister Imran Khan has directed ministers, secretaries and departments to bring down official expenditures in their respective offices under austerity measures.
He said that an awareness drive would be launched to use less edible oil soon. It is third head on import list of country as imports stand over $3 billion annually.
He revealed, “Financial liabilities of big companies were put on masses’ head”.
Federal Cabinet, which met under Prime Minister Imran Khan, reviewed overall economic situation of country and approved signing of memorandum of understandings with different countries.
Political and security situation of country, National Agriculture Emergency Programme and other important issues also came under discussion in five-hour-long meeting held at Prime Minister’s Office.
The meeting gave green signal for appointment of heads of different public sector enterprises.