Govt will announce relief package for construction industry tomorrow
Islamabad: Prime Minister Imran Khan on Thursday said the federal government will announce a relief package for the construction industry on Friday to maintain economic activity in the country.
During a tax-refund cheque distribution ceremony in Islamabad, PM Imran said a balance has to be created which benefits the economy and limits the spread of the deadly pathogen.
He added that the relief package will also support the uplift of other industries allied with the construction sector.
“The construction of road infrastructure does not entail the danger of the spread of coronavirus,” said PM Imran. “Whichever industry that helps run the construction industry will be given instructions and conditions under which they can operate.”
He further said necessary SOPs will also be developed to ensure the safety of the workers.
The premier congratulated the commerce ministry, which framed the distribution policy of the multi-billion rupee package and compiled a list of industries which can be operated during the current situation.
“We have promoted the industries and incentivised the businesses. We have to create an environment that was present in the 1960s,” he said. “And this tax-refund is part of that incentive so that businesses have liquidity.”
PM Imran also expressed his satisfaction at the current trend of the spread of the virus, reiterating that it is a blessing from God that the deadly contagion has not affected Pakistan like it has other countries around the world.
“Our weaker segments of the society are at greater risk owing to the pandemic,” the PM said. “We are trying to reach out to them under the Ehsaas Program. A cash grant of Rs12,000 each will be given to 12 million poor families to protect them from the negative impacts of coronavirus.”
The premier further said the govt has earmarked Rs200 billion for the procurement of wheat in order to support the agriculture sector and the farmers.