Islamabad: According to various reports, for the development of human resources and the socio-economic uplift of the country, the government will take all appropriate interventions in partnership with international development partners.
The finance minister highlighted the priority areas for financial and technical assistance when updating the international funding portfolio. He emphasized the importance of funding an agricultural package that includes commodity warehousing, cold storage facilities, and irrigation water management to improve infrastructure and increase agricultural productivity.
Similarly, international funds will be used to promote social security and skill development programs that would protect underserved groups in society while also empowering youth through the transfer of useful skills. It will also include fast microcredit loan processing for youth empowerment.
Tarin also directed that in underdeveloped areas, civil amenities such as clean drinking water, solid waste management, and other such facilities be prioritized. He reaffirmed the government’s strong commitment to socioeconomic growth in line with the Sustainable Development Goals (SDGs) to provide a better and more sustainable future for Pakistanis.
Read More: Government may renegotiate the IMF agreement
Tarin urged provincial governments to work out modalities to reduce spending and redirect savings to socio-economic development in the province, especially during and after the Covid-19 pandemic.
He emphasized the importance of boosting economic activity by streamlining the workforce and harmonizing the tax system, as well as enhancing service quality in the province.
During a discussion of budget proposals, the federal finance minister emphasized that education and health must be prioritized during the budgeting process, and he urged a consultative process between the federal government and federating units to ensure successful resource mobilization.
For more information and details, visit our website Tajarat Properties.