Next FY To Be Year Of Economic Rehabilitation: Hashim
Muhammad Irfan Published May 06, 2021 | 01:09 AM
Punjab Finance Minister Makhdoom Hashim Javan Bakht on Wednesday said that financial year (FY) 2021-22 would be the year of economic rehabilitation
LAHORE, (UrduPoint / Pakistan Point News - 5th May, 2021 ) :Punjab Finance Minister Makhdoom Hashim Javan Bakht on Wednesday said that financial year (FY) 2021-22 would be the year of economic rehabilitation.
Chairing a pre-budget consultative meeting with leading economists under the Sub-National Governance Programme (SNG) here, he added that Universal Health Coverage Programme would ensure the healthy society and the special development package for the industrial sector would ensure economic recovery.
The provincial minister said that in order to increase agricultural production, the provision of services in the relevant sectors would be improved. The development of agro-related industries would also be an important part of the future development agenda and providing social security would also be the top priority of the Punjab government in the next budget.
Makhdoom Hashim Javan Bakht said that without industrial development, economic recovery was impossible. "Sustainable steps are being taken for the development of the industrial sector at all stages from investor protection to establishment of industrial zones and the preparation of a suitable labour force in consultation with stakeholders," he mentioned.
These 360 degree assessments of different sectors with experts, academia, citizens and those directly and indirectly involved in different value chains will lead to a holistic and inclusive budget-making process.
The session was attended by Chairman Planning and Development Abdullah Sumbal, Secretary Finance Iftikhar Sahoo, Chief Executive Officer Urban Unit Dr. Omar, Economist Dr. Ghulam Nabi, Dr. Ali Cheema, Maroof Syed, Javed Iqbal, Nazish Afraz and PFM experts of Sub-National Governance Programme.
Participants discussed various opportunities that could be used by the government of Punjab to support businesses and service industry including improving agriculture extension services, removing bottlenecks for agricultural productivity, developing futuristic skills and looking at pandemic recovery plans.
The minister told the meeting that the present government was also ensuring necessary amendments in the laws to facilitate industry and trade and to promote economic activities in the province and the Cabinet was playing its full role in this regard.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 24 April 2024
Today Gold Rate in Pakistan 24 April 2024
Punjab CM inaugurates Pakistan’s first Virtual Women Police Station
Dutch model Donny Roelvink embraces Islam
Experts raise concerns over introduction of 10-stick packs
Iranian president arrives in Karachi
Law Minister expresses Govt's resolve to address issue of missing persons
Rizwan’s batting order may be changed: Sources
Nawaz Sharif to visit Guangzhou exhibition in China
FM Dar not traveling to China: Foreign Office
PM takes notice of deliberate delay in tax cases
Iranian President visits Allama Iqbal’s mausoleum
More Stories From Business
-
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 24 April 2024
11 minutes ago -
Today Gold Rate in Pakistan 24 April 2024
46 minutes ago -
Afghan trade delegation, FPCCI discuss bilateral trade
11 hours ago -
With knowledge economy, Mauritius is a stable economy: Envoy
11 hours ago -
Aurangzeb reiterates govt's resole to reduce poverty, promote sustainable development
12 hours ago -
Finance minister meets Chairman Anjuman-e-Tajran; discuss issues of business community
12 hours ago
-
Govt ensuring digital access as fundamental right: Ahsan Iqbal
13 hours ago -
WHO delegation calls on Chairman FBR
13 hours ago -
Bill drafted to regulate veterinary sciences and animal welfare: Tanveer
13 hours ago -
General Motors lifts 2024 profit forecast after strong Q1
14 hours ago -
Pakistan aims to reach $3 trillion economy by 2047: Ahsan Iqbal
14 hours ago -
Digital technologies play significant role in economic growth: Shaza
15 hours ago