Ahsan Iqbal on Provincial Projects & IMF

Ahsan Iqbal on Provincial Projects & IMF

“Provincial government has invested in Lahore with its resources and not by the federal government,” Ahsan Iqbal said. “The federal government didn’t spend funds on it,” the minister said.

He said the provinces receive resources according to their population under the National Finance Commission (NFC). “The provincial government gets resources in proportion to the population of Karachi,” he said.

“Still federal government completed the Green Line BRT project in Karachi,” the minister said.

The government is issuing funds for the K-IV water project that will be completed with 140 billion rupees, he said.

Ahsan Iqbal said that borrowing from the IMF was not our choice, “We had to follow the conditions, which we had opposed”.

Planning Minister said that the work for the Sukkur-Hyderabad motorway will begin this year and is likely to be completed in the next two to three years.