Times of Islamabad

Pakistanis invested 9 billion in UAE properties

Pakistanis invested 9 billion in UAE properties

ISLAMABAD – Prime Minister Imran Khan has said Pakistan has signed anagreement today with Switzerland. He said the agreements signed with 26countries reveal that 11 billion dollars of Pakistanis are stashed abroad.

He said the information on bank accounts in UAE indicates that one billiondollars of Pakistani are hidden there. However, the information of Iqamaholders is not available. He said Pakistanis invested nine billion dollarsin properties in the UAE during the past some year.

The Prime Minister said FIA so far caught fake accounts of 375 billionrupees. He said PTI government is the first government that is activelytaking steps against money laundering.

Imran Khan said the government is paying an interest of six billion rupeesdaily as interest on loans. He said land worth over 300 billion rupeeswas retrieved by Capital Development Aathority in its operations againstencroachments. He said Punjab has recovered land of 88,000 acres from theencroachment mafia.

Referring to growth of stunted children, the Prime Minister said a pilotproject was completed to improve the health of mothers and children and nowfour million mothers and children will be given better diet to reducestunted growth from current 43 percent to 30 percent.