PM announces refunds of Rs100bn to businesses; package for construction industry soon.

ISLAMABAD -- Prime Minister Imran Khan on Thursday said the government will announce a Rs100 billion package for the construction industry as the government tries to keep the country afloat amid the coronavirus pandemic.

'We have decided we will give necessary incentives to the construction industry in order to provide job opportunities to people during this time of crisis,' PM Imran said while addressing a ceremony in Islamabad.

'We will support the industrial sector and give them incentives. The commerce ministry has also prepared a list of industries which can be reopened in the current situation,' he said.

The prime minister added that the construction of roads and infrastructure does not entail the danger of the spread of coronavirus. 'We will develop the necessary SOPs to ensure the safety of workers,' he assured.

He added that promoting industries and giving incentives to the business community was an important step in taking the country forward.

'The refund of Rs100 billion announced today for the business community is a part of that process. We are ensuring timely refunds to the business community so that they do not face any liquidity issue,' he said.

He added the commerce ministry was in constant contact with the business community to figure out how the challenge posed by the epidemic can be overcome.

Speaking about the virus trajectory in...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT