Govt taking effective measures for protection of agricultural lands: Mahmood
The Khyber Pakhtunkhwa Chief Minister Mahmood Khan says preserving green areas and agricultural lands is the topmost priority of the present government and Prime Minister Imran Khan.
Presiding over a meeting in Peshawar today (Tuesday), he said the provincial government is taking effective measures for protection of agricultural lands and stopping illegal constructions.
The Chief Minister directed presenting the final proposed draft of Land Use and Building Control Authority Act, 2021 in the cabinet meeting for approval.
Source: Radio Pakistan 2021-06-08
With the ministries of finance and planning on the same page, the production sectors are expected to be placed at the centre of the forthcoming federal budget growth strategy in a bid to put the economy on a sound footing.
In recent decades, economic growth has predominately been driven by consumption while on the supply side, the contribution of investment, production and exports to GDP expansion has remained much below their potential.
The domestic demand is met with huge imports of foreign goods and services that have no share in GDP. Though the inflows of workers’ remittances have positive effects on economic growth, it is primarily through the consumption channel, while the investment channel is not found significant, say a working paper central bank researchers Sarmad Ellahi and Muhammad Omer.