ISLAMABAD: Approximately Rs. 1.8 trillion has been sought for the next year development budget.
According to details, the planning commission has received the demands of Rs. 1.8 trillion from different ministries and departments for the next year development schemes and funds.
According to reports, the federal minister for Planning, Development and Reform Ahsan Iqbal has stated the projects initiated by the Federal Minister in 2013 were in its final stages and will be completed on time.
On power loadshedding issue, he said that when the PML-N govt came into power in 2013 the country witnessed power load shedding of 12 to 18 hours and now this duration has decreased and added that now 18 hour electricity available in the country” he added.
The minister said that energy shortage has reasonably been overcome and 10,000 megawatt of additional electricity will be added to the national grid by May next year.
He said availability of additional electricity will certainly give an impetus to Pakistan's economy and industrialisation in the country. Iqbal said projects in energy, infrastructure and port development would provide a base to industrialization in the country.