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PML-N opposes MPs Housing Scheme - Printable Version

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PML-N opposes MPs Housing Scheme - Lahore_Real_Estate - 05-19-2010 12:17 PM

Muhammad Arshad

Islamabad—The Pakistan Muslim League-Nawaz (PML-N) on Monday urged the Prime Minister Syed Yusuf Raza Gilani not to implement the proposed Housing Scheme for the Parliamentarians in the federal capital (Islamabad).

A senior leader PML-N Senator Ishaque Dar wrote a letter to Prime Minister in this connection which demonstrated his party stand on the said issue.

“Please refer to your letter of 13th August, 2009 and our subsequent verbal discussion on the subject Housing Scheme” Dar stated, “I am writing to re-confirm the considered decision of our Party PMLN that the proposed scheme over an area of 1440 Kanals in Zone IV of Islamabad should not be implemented”..

He further said that keeping in view, the current huge public debt of around Rs.9, 500 Billion and serious macroeconomic imbalances, mainly a legacy of the Mush dictatorship era, together with rising unemployment, energy crisis and alarming load shedding, increasing poverty and scarcity of the basic necessities for the common citizen, our beloved country needed to generate and save every possible source of revenue for the public exchequer in order to use same for the welfare of the poor masses.

“We therefore feel that the proposed scheme may be converted by CDA into a commercial venture in order to transparently sell the plots in foreign currency to overseas Pakistanis which will not only generate profit and revenue for the public kitty but will also facilitate addition to our much needed foreign exchange reserves” Dar said.