NAUSHAHRO FEROZE: Prime Minister Shahid Khaqan Abbasi on Saturday said that the ongoing China-Pakistan Economic Corridor (CPEC) projects will strengthen the economy in the long term.
Addressing a public gathering at Nawan Jatoi here, the premier said that the country would benefit from the development projects for the next 50 years, adding: “Pakistan Muslim League-Nawaz [as party] kept its promises of undertaking countrywide development projects.”
He said that the party chief – Nawaz Sharif – is the only mass leader who has unified the entire nation.
Calling upon the Pakistan Peoples’ Party, PM Abbasi said that the opposition party should mull over consulting the Charter of Democracy signed by PPP and the ruling party back in 2005 to safeguard democracy in the country.
“The public mandate must be respected,” he asserted.
The premier further said that the charter of democracy ensured rooting out ‘the politics of vendetta’ in the country.
PM Abbasi will now visit Kandhkot to inaugurate a gas plant, constructed recently by the Pakistan Petroleum.
Earlier today, the PM reached the residence of Minister for Industries and Production Ghulam Murtaza Jatoi.
On Friday, the premier chaired a meeting of the Economic Coordination Committee (ECC) of the cabinet at the Prime Minister’s office and approved several projects.
The meeting approved a proposal submitted by the Commerce Ministry to allocate additional quantity of 12 million kilograms of surplus tobacco to all the tobacco companies and dealers on pro-rata basis.
The ECC also approved a proposal to deregulate the margins on High-Speed Diesel for the Oil Marketing Companies (OMC) and dealers under the policy of liberalization and deregulation. The impact of the policy would be reviewed after three months.
It was also decided that OMCs would add Fuel Marker in HSD within six months at depot stage to avoid adulteration.
It was decided that Oil and Gas Regulatory Authority (OGRA) would develop a mechanism to monitor the OMCs’ commercial stock position, the dealers inventory system and Fuel Marker System.