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Reading: ANP says KP on verge of liquidation
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PhotoNews Pakistan > Business > ANP says KP on verge of liquidation
Business

ANP says KP on verge of liquidation

Web Desk
By Web Desk Published July 7, 2015 2 Min Read
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Peshawar: Awami National Party central general secretary Mian Iftikhar Hussain has said that Khyber Pakhtunkhwa is on the verge of liquidation due to ill-planned policy of the PTI-led coalition government.

In a statement issued here on Monday, he said that incompetent ministers were misguiding Pakistan Tehreek-i-Insaf chairman Imran Khan through incorrect facts and figures. He said that the previous government had prepared feasibility studies of 24 hydel power generation projects in the province.

The ANP leader said that the present government claimed to have completed 29 feasibility studies which he believed was incorrect. He said that Rs27.50 billion was kept in the provincial hydel development fund for new schemes in the power sector.

Mr Hussain said that the provincial government had withdrawn Rs15 billion from the funds of which only Rs3.4 billion had been allocated for power energy while the remaining amount would be spent on streets’ pavement. In principle, he said, the government could not allocate amount from hydel development fund to other sectors.

The ANP leader said that the coalition government had spent only 44 per cent of the Annual Development Programme in 2013-14 while 59 per cent of the previous ADP could be utilised.

“Ironically Chief Minister Pervez Khattak spent Rs24 billion in last two weeks of previous financial year,” he said, adding that provincial government had made payment to contractors before completion of the schemes. He said that standard procedure was that the departments concerned had to pay to contractors after inspection of the schemes. — Bureau Report

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