Government on track to achieve its revenue target: NA informed


Islamabad: The National Assembly (NA) was informed that the government is on track to achieve its revenue target set for the current fiscal year.

Parliamentary Secretary for Finance Rana Muhammad Afzal Khan told the National Assembly during question that the revenue targets are being monitored on monthly basis and 99.9 percent of revenue target was achieved by the end of February last.

He said that incumbent government has made a huge repayment of loans to the International Monetary Fund, thus, reducing the burden of foreign debt by six percent.

About the budget deficit, the Parliamentary Secretary said it is projected at 6.3 percent this year against last year deficit of eight percent. He said several steps including 30 percent cut on expenditures have been taken to achieve the target of budget deficit.

Parliamentary Secretary for Finance Rana Muhammad Afzal Khan said the country can repay all its foreign loans in the next five to six years if its economy continues to move forward in the right direction.

He said the international financial institutions have appreciated the economic management of the present government and declared it as an important country for the Foreign Direct Investment.

He said the assistance of 1.5 billion dollars from a friendly country has increased the country’s foreign reserves and supported the economy. He said the friendly country has always supported Pakistan in the time of trial and we should appreciate this gesture instead of pointing fingers on it.

Minister of State for Parliamentary Affairs Shaikh Aftab Ahmad told the House that Rawalpindi-Islamabad Metro Bus will be a state-of-the-art project providing modern travelling facilities to the commuters.

He clarified that the project has been started after taking on board the Capital Development Authority. The federal and provincial governments share the cost of the project.

Parliamentary Secretary for Interior Maryam Aurangzeb said that the security agencies will be equipped with latest gadgets in the next one year time as per provisions of the National Security Policy.

A modern and well-equipped Rapid Response Force will be raised which will operate in close coordination with police and armed forces to cope with the issue of terrorism.

She told the House that there are plans to install Machine Readable Passport System at 109 Pakistani missions abroad in a phased manner with 32 already installed.

Maryam Aurangzeb said survey of households and Katchi Abadies has been completed in Islamabad to counter threat perception.

She told the House during question hour that the Chief Commissioner Islamabad Capital Territory has also constituted a District Intelligence Committee to review and measure the threat perception.

About the steps taken for improving security in Islamabad, the Parliamentary Secretary said patrolling system has been revamped with deployment of Commando vehicles, Mohafiz motorbike squads and Crises Response teams.

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