LAHORE, (MANEND NEWS): Prime Minister Imran Khan performed the
groundbreaking of Central Business District in Lahore on Friday.
Addressing a ceremony on the occasion, the Prime Minister said this
project will serve as a business hub that will help in wealth generation.
Imran Khan was confident that this project will help generate six
thousand billion rupees. In the first phase, he said the project will
generate 1300 billion rupees and the federal government will get two
hundred and fifty billion rupees in taxes.
The Prime Minister stressed that wealth generation projects are
important to strengthen the economy enabling it to return the loans.
Imran Khan regretted that the economy was mismanaged in the
previous two governments. He said we inherited difficult economic
situation. He however expressed satisfaction that the current account
surplus remained surplus during the first six months of current fiscal
year. He said our textile exports are also witnessing increase and new
industries are being set up in the country.
Referring to Naya Pakistan Housing Project, the Prime Minister said
this will provide affordable houses to the salaried class and the
The Prime Minister said Pakistan and Qatar have signed a new LNG
import agreement for ten years. He said it took the government three
years to negotiate this agreement which will help save three hundred
million dollars annually. Chief Minister Punjab Sardar Usman Ahmed
Khan Buzdar also addressed the ceremony.