Prime Minister Imran Khan has directed to finalize the master plans of all big cities on a priority basis to ensure restoration of green areas in the cities and discourage land encroachments.
This was announced by Minister for Information and Broadcasting Chaudhary Fawad Hussain along with Minister for Energy Hammad Azhar while briefing media about the decisions taken by the Federal Cabinet, which met in the Federal Capital today with Prime Minister Imran Khan in the chair.
Chaudhary Fawad Hussain said the cabinet was briefed on the production and availability of Urea in the country. It was informed that the demand for Urea was increased due to an increase in the cultivation of Wheat and an overall increase in prices of Urea around the globe. It was apprised that Urea prices are six times higher than Pakistan.
The meeting was also briefed on the electricity transmission system. It was informed that first time in history circular debt will witness a decline from this year.
The Minister said the federal cabinet also recommended that Senate and National Assembly should constitute standing committees while keeping in view the element of conflict of interest.
About the Omicron situation, the Minister was briefed that daily cases of the virus have reached five thousand per day while a 30 per cent increase of patients in ICU was recorded. Till date vaccination worth two billion dollars has been imported.
Speaking on the occasion, Minister for Energy Hammad Azhar said the major reason of the gas shortage in Sindh is the stay order taken by local industrialists from Sindh High Court.
He expressed the hope that soon the stay will be vacated and around 100mm (standard cubic foot) will be added in the system for household consumers.
Regarding legislation on State Bank of Pakistan, the Minister said our legislation is aimed at ensuring independency of the central bank.
The Minister said independency of the State Bank will not only decrease inflation but also strengthen country’s economy through sustainable growth rate.