ISLAMABAD – Prime Minister Imran Khan has said that the country cannot makeprogress if planning is made only for the election.
Addressing a ceremony to launch Pakistan’s first Green Eurobond on Monday,he said that the main reason behind lack of progress is scarcity oflon-term planning.
“Plans are made in the country, but unluckily they are not implemneted,” hemaintained.
The prime minister said that the work done by the government should havebeen done 50 years ago.
Earlier, he issued Green Eurobond to raise US$500 million for financing ofDiamar Bhasha and Mohmand Dam.
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The Green Eurobond is being issued on the basis of WAPDA’s stable financialposition instead of state-guarantee. The world’s largest financialinstitutions have shown extraordinary interest in Green Eurobond which is asign of confidence in the stable financial position of Pakistan and WAPDAas well.
The extraordinary response to Green Eurobond in the world financial markethas opened new avenues for financing of big projects in Pakistan.