Federal Cabinet meeting: PM Nawaz terms economic progress as top priority
ISLAMABAD: Prime Minister Muhammad Nawaz Sharif defined economic progress of the country as government's top priority, ARY News has learnt.
While chairing the Federal Cabinet meeting in Islamabad on Friday, PM Nawaz Sharif said Balochistan is in the priority areas of the government and development plans to put Balochistan on road to progress are being implemented expeditiously.
"Gwadar is being developed as a model city having Airport and Port on modern lines and socio-economic package has been planned for it", he added.
The cabinet also approved the tariff for LNG services project.
According to Shahid Khaqan Abbasi, Petroleum Minister, the price of LNG is competitive and the contract will be for 15 years.
Furthermore, the Cabinet referred the Constitution (Twenty-First Amendment) Bill 2013 to the relevant committee for further consideration.
Several other approvals were made by the Cabinet including Signing of Revised Draft Agreement between the Ministry of Defence and Ministry of Defence of the Russian Federation on Military Cooperation, Ratification of an Agreement on transfer of offenders signed between Pakistan and Yemen.
The cabinet also approved the MoU signed between Iran powers Generation, Transmission and Distribution management Company and National Transmission and Despatch Company in the field of Electricity Transmission.