ISLAMABAD: Federal Minister for Finance Asad Umer on Tuesday expressed thehope that the country would bridge the gap of 12 billion US dollars throughloans being sought from various foreign institutions and banks.
Pakistan needed to fill this and for this, the present government wouldseek the loan facility from International Monetary Funds, World Bank, andAsian Development Bank, etc., he stated while talking to a private newschannel.
Taxes had been levied on luxuries items including cars, he said, addingfocus would be given to expedite exports by improving industrial sectors.
To a question about power and gas pilferage, he said through moderntechnology, we would control such heinous activities.
To another question regarding current account deficit, he said the previousgovernments were responsible for damaging the economy and otherinstitutions.
The PTI government had put 100-day plan on the website, he said adding thatwe were trying to stabilize the economy of the country.
Replying to a question about housing project, he said it was a difficulttask but we would implement this gigantic project for benefiting the lowincome group.
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He said the government would provide shelters to low income people and theprivate sector would invest to achieve the target of 50,00,000 houses.
Asad Umer said the government would make legislation and formulate thepolicy for housing project.
Good governance, he said, would address the challenges being faced by thecountry.
People had expressed full confidence in the honest leadership of PTI chiefImran Khan, he added.
