Annual Development Plan approved in NEC meeting

Nawaz convenes PML-N meeting

ISLAMABAD: The National Economic Council (NEC) which met under the chairmanship of Prime Minister Nawaz Sharif in Islamabad on Friday has approved the Annual Development Plan for the next financial year.
Addressing the NEC meeting, he said the GDP growth rate of 5.28% for the current financial year was commendable.
He said Pakistan’s economic indicators have significantly improved and international financial rating institutions have acknowledged this.
The Prime Minister informed the participants of the meeting that China-Pakistan Economic Corridor projects were on fast track.
He said the government was focusing on energy projects. He said not only power supply was priority of the Government but it was providing affordable power supply for consumers.
He said the government was also focusing on a balanced mix of sources for energy including LNG, Coal, Hydel, Solar and Wind.
He further said that the federal and provincial governments were working together for development of the country and the development should not be politicized.
The Prime Minister said, “During Belt and Road Forum at China, all the Chief Ministers accompanied me and the world saw that Pakistan unanimously stands for development and it conveyed a positive message to the world that we are united”.
The meeting was attended by Federal and provincial Ministers concerned, Prime Minister of Azad Kashmir, Governor KPK, Chief Ministers of Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan and Gilgit-Baltistan.



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