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No load-shedding for industrial sector: Dar

Latest Update: November 6, 2015 | 214 Views
Load-shedding

ISLAMABAD: Finance Minister Ishaq Dar has called for evolution of a consensus medium term macro-economic framework.

Addressing Investment Conference in Islamabad, he said there should be political ownership of the economic road-map irrespective of which party is in power.

He said economy should be decoupled from politics for sustainable growth and development.

The Finance Minister said now bilateral and multilateral institutions have confidence in Pakistan and they are more than willing to engage with the country.

He said recently Pakistan’s Euro Bond evoked strong interest from investors and it was over-subscribed.

He said it was because of the new turn in the economy that banks showed nineteen percent growth in the last quarter.

The Minister said the government has also effectively moved against the menace of terrorism and extremism and soon Pakistan would become a peaceful country.

He said at least 10,600 MW of electricity would be added to the system by March 2018 which would not only bridge the prevailing deficit between supply and demand but the surplus would also take care of future needs.

Ishaq Dar said presently there is no load-shedding for industrial sector.