FY 2021-22 to be year of rehabilitation

Staff Reporter

Punjab Finance Minister Makhdoom Hashim Javan Bakht has said that the fiscal year 2021-22 will be the year of rehabilitation as the Universal Health Coverage (UHC) Program will ensure the health and the special development package for the industrial sector which will ensure economic recovery.

He said that the solution to the problems faced in order to increase agricultural production and the provision of services in the relevant sectors will be improved.

The development of agro-related industries will also be an important part of the future development agenda.

Providing social security will also be the top priority of the Punjab government in the next budget, he added.

Punjab Finance Minister Makhdoom Hashim Javan Bakht expressed these views while presiding over a pre-budget consultative meeting with leading economists under the Sub-National Governance Program here on Wednesday.

He said that without industrial development, economic recovery is unthinkable. Sustainable steps are being taken for the development of the industrial sector in all stages from investor protection to establishment of industrial zones and the preparation of a suitable labour force in consultation with stakeholders, he added.

These 360 degree assessments of different sectors with experts, academia, citizens and those directly and indirectly, involved in different value chains will lead to a holistic and inclusive budget-making process.