PM hopes of controlling coronavirus outbreak using available resources
Prime Minister Imran Khan has expressed his hope that the country would overcome the coronavirus outbreak using the available resources as the current trajectory of the growth in Pakistan was relatively slower than that of the western countries.
“By the grace of Allah, Pakistan does not have a trajectory like other countries. We will overcome the coronavirus considering the current pace of its growth.”
The prime minister said this while addressing a ceremony of distribution of Rs100 billion refunds among the businessmen.
The ceremony was also attended by Finance Advisor Abdul Hafeez Shaikh, Commerce Advisor Abdul Razzak Dawood, Special Assistant to PM on Information and Broadcasting Dr. Firdous Ashiq Awan and the businessmen.
Premier Imran Khan said during the lockdown which had been extended for two weeks, the people must avoid gatherings like weddings, cinemas, and sports through the educational institutes had already been closed.
However, he said amid the efforts of containing the COVID-19 disease, the government would have to create a balance allowing the industries which were essential to provide employment to the poor people.
READ MORE: Saudi Arabia calls an urgent meeting of OPEC+ producers to discuss ways to stabilize the oil markets
The prime minister congratulated the finance ministry and Federal Board of Revenue for formulating a package to support the business community and daily wagers who had been affected by the closures.
He said the government could reach the formal labor but in Pakistan, the majority was the informal labor; however, it was struggling to reach them out through Ehsaas Program to provide the cash assistance of Rs 12,000.
The country could not move ahead unless the business sector flourished as it used to be in the 70s when the sector was greatly incentivized, the PM added.
He said the previous governments avoided the payment of tax refunds to the businessmen but the incumbent government kept it on priority.
The prime minister said he had assigned the commerce and industries ministries to contact the chambers to discuss the anti-coronavirus strategies.
“In America, they have to maintain a balance between coronavirus and economy. But we have to do it between coronavirus and hunger,” the prime minister said as Pakistan was among the countries having a huge number of people living below the poverty line.
PM Imran Khan said the country’s top leadership was evaluating the situation on a daily basis and devising strategies accordingly.
He announced launching a mega package to boost the construction industry which would also create employment opportunities for the daily wagers.
The prime minister said the government would open up the construction industry as it did not involve any gathering; however, the government would specify the parameters of working, particularly at the site of mega projects to ensure the observance of social distancing.
In his address, Abdul Hafeez Shaikh said the emergency cash program announced by the government would benefit millions of poor people.
He said the government had allocated Rs 200 billion for the people whose earning had been affected by the closure of industries or other workplaces, Rs 100 billion for employees and owners of small industries, and Rs 100 billion for the refund to the businessmen particularly the exporters.
Hafeez Sheikh said the pending bills of gas and electricity would be payable during the next three months and the government would bear the impact.
Abdul Razzak Dawood said the Drawback of Local Taxes and Levies (DLTL) had been pending since long but the incumbent government had decided to pay it without any delay to support the business sector.
He said a package of Rs 200 billion would also be announced soon which was in the final stage of preparation to uplift the business sector.
Later, the ceremony marked the distribution of cheques among the businessmen.