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Development: ‘Foreigners penetrating to deposit in K-P’
- Updated: September 18, 2016
PESHAWAR: Chief Minister Pervez Khattak has pronounced a unfamiliar investors have shown penetrating seductiveness in investing in Khyber-Pakhtunkhwa due to appealing packages announced by a provincial government. This was settled in a welfare released by a CM’s Secretariat on Sunday. Khattak voiced these views during his assembly with bloc partners on Sunday. “[These packages] embody 5% benefaction in seductiveness rate and 25% remission on import of machinery,” a request cited a CM as saying. Khattak pronounced that after a prolonged onslaught a sovereign supervision has paid supports value billions of rupees. “At slightest Rs20 billion were spent on debt servicing, while a remaining volume would be paid to K-P in 3 equal installments,” a request quoted Khattak as saying. He pronounced a provincial supervision also designed to build Chashma Lift Canal Project and a sovereign and provincial governments would bear expenses.
Published in The Express Tribune, Sep 19th, 2016.