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Federal Government to provide Rs. 611 billion for the development of Karachi: Shibli

Islamabad, September 07, 2020 (PPI-OT): Information Minister Shibli Faraz has said that of the 1.1 trillion rupees package announced by the Prime Minister for development projects in Karachi, 611 billion rupees will be provided by the federal government. Addressing a news conference in Islamabad today, he said this clarification was necessary to remove any confusion on Karachi package.

He said the federal government will patronize Karachi Circular Railways project worth three hundred billion rupees. The Information Minister said the federal government will work for the welfare and development of the people of Karachi and Sindh. Shibli Faraz said Karachi is economic and commercial hub of Pakistan and yearly timelines have been set for implementation of the projects under the Karachi package.

The Information Minister said that for the people of Karachi, Government wants to move forward with consensus and in a cordial environment. Replying to a question, the information minister categorically stated that no NRO will be given to the corrupt elements. Syed Shibli Faraz said the previous governments pushed Pakistan into FATF’s Grey List.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk