Cabinet seeks details of PML-N, PPP loans




Prime minister Imran Khan has directed the finance ministry to present a detail report of foreign loans received by PML-N and PPP in 10 years, and asked the interior ministry to review the Exit Control List and remove the names of innocent people.

Cabinet took no decision on the petition of former prime minister Nawaz Sharif, Maryam and Captain (retd) Safdar’s names from the ECL as their case was not on the agenda.

Federal cabinet meeting was presided over by Prime Minister Imran Khan on Thursday at PM office.

Prime minister said that nation should know where heavy loans were spent, because those have reached from Rs6,000 billion to Rs30,000 billion.

Briefing media after the cabinet meeting Information Minister Chaudhary Fawad Hussain said over 3,000 people are on the ECL and all of them are not guilty.

The minister said the cabinet discussed at length the procedure and course of action for the newly-launched Naya Pakistan Housing Programme by the prime minister.

He said it was decided that state lands would be kept as collateral to banks while people will build their houses on that land.

Fawad said we have retrieved thousands of kanals from the encroachment mafia which will be utilised for this purpose in addition to spare lands owned by some government departments.

He said Apna Ghar Authority will start working in two months to build five million houses for people as promised in the PTI manifesto.

The minister said cabinet decided to appoint Air Marshal Arshad Khan as PIA chief to oversee affairs of the national airline. He said PIA is under debt burden of Rs406 billion with a monthly operational loss of two Rs2b.

He said advertisements have been placed in media for appointment of new CEO of the airline. The minister said restructuring plan of the PIA has also been submitted to Finance Minister.

Fawad said the cabinet decided to investigate construction cost of New Islamabad International Airport that exceeded from Rs38b to more than one hundred billion rupees.

The minister said the cabinet also asked the National Accountability Bureau (NAB) to expedite the process of investigation in order to bring the culprits to justice.

Fawad said the cabinet also gave approval to appointment of Aun Abbas as new MD Pakistan Baitul Maal. A new chairman of Privatization Commission has also been approved and Muhammad Mian Somro will head that commission.

The minister said an amendment has been approved in Section 35 of PPRA rules to expedite the process of buying urea for upcoming wheat crop.

He said the cabinet also accorded approval to constitute a committee headed by Advisor to Prime Minister on Commerce Abdul Razzak Dawood that will look into the matters of K-Electric and Shanghai Electric.

The cabinet also gave approval to the salaries of employees of Pakistan Steel Mills for the month of August.