Fed­eral govt, KP am­i­ca­bly re­solve all out­stand­ing is­sues: Ishaq Dar

The Pak Banker - - FRONT PAGE -

Fed­eral govern­ment and Khy­ber Pakhtunkhwa (KPK) here on Thurs­day re­solved all old out­stand­ing is­sues am­i­ca­bly.

In this con­nec­tion Fed­eral Min­is­ter for Fi­nance Mo­ham­mad Ishaq Dar chaired a meet­ing on out­stand­ing is­sues of KP in which Fed­eral Min­is­ter for Wa­ter and Power, Kh­waja Mo­ham­mad Asif, Chief Min­ster KPK, Per­vaiz Khat­tak, other se­nior lead­ers and of­fi­cials from KPK at­tended the meet­ing and a Mem­o­ran­dum of Un­der­stand­ing (MoU) was also signed.

Later talk­ing to me­dia, Ishaq Dar said that the all old pend­ing is­sues be­tween Fed­eral govern­ment and KPK had been re­solved am­i­ca­bly.

The Fi­nance Min­is­ter said that he dis­cussed all old is­sues with the Chief Min­is­ter of KPK and his team in the pres­ence of Min­is­ter for Wa­ter and Power Khawaja Mo­ham­mad Asif who also held meet­ings with pro­vin­cial govern­ment re­gard­ing wa­ter and elec­tric­ity is­sues.

Fi­nance Min­is­ter Ishaq Dar said that un­der the mu­tu­ally agreed MoU, the KPK govern­ment would get net hy­del profit ar­reares of Rs 70 bil­lion to be paid by the fed­eral govern­ment in next four years. He added that KPK would also get Rs 956 mil­lion would be paid by March 31.

Fi­nance Min­is­ter said that un­der the agree­ment the KPK govern­ment would get 100MMFT gas for power gen­er­a­tion in the prov­ince. He said that this amount of gas could be used through the KPK govern­ment it­self or through its Pri­vate Power In­fra­struc­ture Board (PPIB). How­ever, he said for ap­proval in this re­gard the KPK govern­ment would sub­mit a sum­mary to Eco­nomic Co­or­di­na­tion Com­mit­tee of the Cab­i­net (ECC). Fi­nance Min­is­ter Ishaq Dar said that un­der the agree­ment it had also been agreed that Chashma Right Bank Canal, whose PC-1 was pre­pared in 2008 and it was pend­ing for the last seven years.

He added it has been de­cided that Chashma Right Bank Canal would be ini­ti­ated to ir­ri­gate 0.3 mil­lion acres of land in KPA and ben­e­fit a large num­ber of peo­ple in the area. The Fi­nance Min­is­ter said that Fed­eral govern­ment would bear 65 per­cent cost of the pro­ject while the KPK prov­ince would con­trib­ute 35 per­cent in the pro­ject. He fur­ther said that pend­ing is­sues of KPK work­ers wel­fare fund and rel­e­vant fed­eral sec­re­taries would re­solve the is­sue.

Speak­ing on the oc­ca­sion, Khawaja Mo­ham­mad Asif said that ne­go­ti­a­tions be­tween WAPDA and KPK were pro­gress­ing for the last one and half year and thanked Fi­nance Min­is­ter for his con­tri­bu­tion in re­solv­ing the pend­ing is­sues and sign­ing of the agree­ment.

Khawaja Asif was of the view that in the past 10 to 15 years there were same par­ties or coali­tion gov­ern­ments in the fed­er­a­tion and Khy­ber Pakhtunkhwa, but the pend­ing prob­lems were not re­solved by them.

The Min­is­ter said that de­spite hav­ing an op­po­si­tion party govern­ment in KPA , the fed­eral govern­ment re­solved the old all out­stand­ing is­sues of the pro­vin­cial Khy­ber Pakhtunkhwa govern­ment.

He said that is­sues could only be solved by the politi­cians if there was will to do it.

The Min­is­ter also thanked Chief Min­is­ter KPK and his team for re­solv­ing the out­stand­ing is­sues. Chief Min­is­ter of KPK on the oc­ca­sion thanked Fi­nance Min­is­ter Ishaq Dar and his team for re­solv­ing KPK is­sues am­i­ca­bly.

He added that when his govern­ment came into power in KPK he pre­sented the is­sues re­lat­ing to wa­ter, elec­tric­ity and gas be­fore the fed­eral govern­ment and he was happy that to­day the fed­eral govern­ment had re­solved the out­stand­ing is­sues.

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