Chairman FIEDMC terms federal budget 2020-21 as growth oriented


LAHORE:      Chairman Faisalabad Industrial Estate Development and Management Company (FIEDMC) Mian
Kashif Ashfaq Saturday termed Federal Budget 2020-21 as growth-oriented and moderate envisaging several pro-business
measures despite economic crunch due to pandemic of coronavirus and a number of domestic and international challenges
on different fronts.

Talking to media here Saturday , he appreciated Prime Minister Imran Khan’s commitment for revival of
economic activities in the country besides giving incentives to industry to boost the volume of exports.
He said the government had allocated maximum funds for development projects which depicts that
PTI leadership was sincere for national progress and prosperity.
He said that the federal government took positive steps for uplift of national economy and the
government would have to give maximum relief to industrial sector to achieve the objective. He
lauded the government for allocating maximum funds for education, agriculture, livestock and energy
Mian Kashif Ashfaq said Prime Minister Imran Khan deserved appreciation for giving importance of
CPEC and it is good thing that the government has allocated Rs 118 billion for CPEC-related projects
including its western route. He said that whole world is now having trust in Pakistan as they all know
that Pakistan is now being ruled by honest leadership under Imran khan.
He said the federal government has been increased to Rs 208 billion from the existing Rs 187 billion for
Ehsaas Programme and this programme is aimed at uplifting the lower strata of the society ultimately
leading the country to a welfare state.
Mian Kashid said the government has allocated Rs 2 billion in the budget for the Kamyab Jawan
Programme for capacity building of the youth. He said demands’ gap between educational institutes
and industries were major cause of unemployment and this problem would be addressed under
Kamyab Jawan Programme by generating jobs as per market demands.