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CPEC to create 400K jobs: Minister told NA

Latest Update: September 26, 2016 | 377 Views
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The National Assembly was informed on Monday that one million seventy-eight thousand and one hundred twelve taxpayers have filed income tax return during the last fiscal year, state media reported.

Parliamentary Secretary for Finance Rana Muhammad Afzal Khan told the House during question hour that during the fiscal year 2014-15, one million sixty-four thousand and two hundred thirty-two filed their returns while during fiscal year 2013-14, nine hundred and twenty-seven thousand and two hundred ninety-three taxpayers filed their returns.

To a question, Minister for Parliamentary Affairs Shaikh Aftab Ahmad told the House that the government has set the target of reducing poverty by half under Pakistan Vision 2025. He said the government has taken various steps to reduce the poverty and bridge the income inequality gap between different income groups. He said outreach of social safety nets is extended over five million people which represents over 16 percent of the population.

The Minister said four hundred thousand jobs will be created after completion of China-Pakistan Economic Corridor projects. He said thousands of people are already working on the ongoing projects under CPEC. He said the government is planning to take economic growth to beyond seven percent in the medium-term and make it more exclusive. He said the government is planning to establish enough social protection for all marginalized and vulnerable segments of the society.

Aftab added that allocations for Public Sector Development Programme have been increased. He said Prime Minister Health Insurance Scheme is extending health coverage to the people.

To a question, Parliamentary Secretary for Finance Rana Muhammad Afzal Khan told the House that government has not written off any loan. He said the government has borrowed less from commercial banks during last fiscal year. He said record tax collection of over three trillion rupees was received in last fiscal year which was 21 percent increase as compared to the previous year. He said efforts are being made to increase tax net.

Answering a question, Minister for Parliamentary Affairs Shaikh Aftab Ahmed said Pakistan Vision 2025 was launched after consulting all stakeholders. He said that all the provinces were individually consulted on all pillars of the vision. He said equal importance has been given to all parts of the country in this vision.