Govt approves projects worth Rs250bn to uplift agriculture: Hafeez Shaikh

September 6, 2019: Prime Minister's Adviser on Finance Dr. Abdul Hafeez Shaikh says the government has approved projects worth 250 billion rupees for the uplift of agriculture sector to enhance crop productivity and better farming.

He was talking to various stakeholders of agriculture sector in Islamabad yesterday.

They discussed ways for ensuring competitive prices for the cotton farmers for their produce in the coming season.

Talking to a group of foreign investors representing international banks and financial institutions looking to invest in capital market of Pakistan, in Islamabad today, Dr. Abdul Hafeez Shaikh said the government has overcome immediate challenges to the economy by taking right decision.

He said focus has now been shifted to accelerate the pace of growth by creating an enabling atmosphere for businesses and boosting growth in key sectors such as agriculture.

He said we are expecting an over 3 per cent growth in the agriculture sector which has remained stagnant for the past five years. He said we are further injecting about 250 billion rupees in this sector to enhance crop productivity and improve water management.

The delegation appreciated practical steps taken by the government to facilitate businesses and improve the environment for encouraging foreign investment in Pakistan's capital market.