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Punjab govt inherited Rs1,300b liabilities: Buzdar

July 7, 2021 LAHORE: The PTI-led government inherited liabilities of Rs1,300 billion when it came into power in 2018. This was said by Chief Minister Usman Buzdar in a statement on Tuesday. He said the past rulers abandoned 4,000 incomplete schemes and cheques valuing Rs56 billion were bounced due to lack of cash cover as the past rulers left a drained-out treasury. Meanwhile, the past government took overdrafts of Rs 41 billion, he maintained. He said the past government, intentionally, left various schemes incomplete including the new Punjab Assembly building, Wazirabad Institute of Cardiology, Trimmu Thermal Power Project, Pakpattan Hydropower Project, Marala Hydropower Project, PKLI and Orange Line Metro Train, etc.

Punjab govt inherited Rs1,300 bn liabilities: Buzdar

July 7, 2021 LAHORE: The PTI-led government inherited liabilities of Rs1,300 billion when it came into power in 2018. This was said by Chief Minister Usman Buzdar in a statement on Tuesday. He said the past rulers abandoned 4,000 incomplete schemes and cheques valuing Rs56 billion were bounced due to lack of cash cover as the past rulers left a drained-out treasury. Meanwhile, the past government took overdrafts of Rs 41 billion, he maintained. He said the past government, intentionally, left various schemes incomplete including the new Punjab Assembly building, Wazirabad Institute of Cardiology, Trimmu Thermal Power Project, Pakpattan Hydropower Project, Marala Hydropower Project, PKLI and Orange Line Metro Train, etc.

China prepares to move into Afghanistan following America s departure

American troops have finally departed their main military base in Afghanistan China has been waiting in the wings in order to do a deal with Kabul The country wants to extend its  Belt and Road program to Afghanistan Program would see a direct land corridor between Afghanistan and China through northwest Pakistan constructed Deal could give China strategic foothold in the region for trade with the country acting as a central hub connecting the Middle East, Central Asia and Europe But there remains the air of unpredictability with lasting peace uncertain with Taliban likely to make a resurgence in the region 

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