ISLAMABAD, : Prime Minister Imran Khan on Tuesday asked the federal ministries to deliver their best and address the challenges facing the country by prioritizing and channelizing the issues.<\/p>\n\n\n\n
\u201cThere is no excuse for the government for any lack of experience. It is the time to deliver,\u201d the Prime Minister said, as he inked a \u2018Performance Agreement of Ministries for the Year 2020-21\u2019 with his cabinet members.<\/p>\n\n\n\n
The Performance Agreement is aimed at pacing up the working of federal ministries for an overall improved governance.<\/p>\n\n\n\n
The Prime Minister warned that the persons found responsible for red-tapism in ministries, particularly in case of projects beneficial for the country, would be penalized.<\/p>\n\n\n\n
The federal ministers, sitting side by side with the Prime Minister, separately signed the agreement, pledging to meet the set targets while implementing the government\u2019s agenda of economic prosperity.<\/p>\n\n\n\n
The Prime Minister counted power generation, subsidies, inflation, exports, food security, pension system and agriculture as the \u201cmajor challenges\u201d requiring action on urgent basis.<\/p>\n\n\n\n
\u201cWe will prioritize every sector or area having the potential to generate revenue,\u201d he said.<\/p>\n\n\n\n
Terming the power sector as \u201cmost complicated and complex challenge\u201d, he said, efforts were needed for its rationalization and synchronization to address the problem of circular debt.<\/p>\n\n\n\n
On subsidies, Imran Khan said managing the huge financial burden of Rs 2,500 billion was a real challenge.<\/p>\n\n\n\n
He endorsed the subsidies for the purpose of wealth creation or benefit of the under-privileged, however opposed an across-the-board facility even for affluent.<\/p>\n\n\n\n
The Prime Minister said the hefty amount of pensions in lieu of federal and provincial public departments was another \u201cliability\u201d that required an effective and affordable system.<\/p>\n\n\n\n
He mentioned the pension scheme proposed by Dr Ishrat Hussain under Civil Service Reforms which was based on the Malaysia\u2019s Dr Mahathir formula of \u2018pensions converted into savings\u2019.<\/p>\n\n\n\n
He said including the subjects of food security and environment in provincial list under the 18th<\/sup>\u00a0Amendment made it difficult to meet the goals due to lack of coordination among Centre and provinces.<\/p>\n\n\n\n Imran Khan said in case a province did not release wheat stock, it put an undue blame on the Centre for an overall price inflation of the commodity.<\/p>\n\n\n\n The Prime Minister said increase in agricultural productivity was vital and mentioned that Pakistan was adopting techniques from China under transfer of agri-technology linked with the Economic Corridor.<\/p>\n\n\n\n He said economy made a remarkable turnaround in two years with current account witnessed in surplus for last consecutive five months.<\/p>\n\n\n\n \u201cTo ensure continuity of positive economic indicators, it is important to identify the pitfalls in advance,\u201d he said.<\/p>\n\n\n\n The Prime Minister lauded his Special Assistant on Establishment Mohammed Shehzad Arbab for the initiative of Performance Agreement of ministries, which will ensure good governance.<\/p>\n","protected":false},"excerpt":{"rendered":" ISLAMABAD, : Prime Minister Imran Khan on Tuesday asked the federal ministries to deliver their best and address the challenges facing the country by prioritizing and channelizing the issues. \u201cThere is no excuse for the government for any lack of experience. It is the time […]<\/p>\n \n","protected":false},"author":2,"featured_media":3226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[270],"tags":[2271,121,2270],"class_list":["post-3225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-ministries","tag-pm","tag-time-to-deliver"],"yoast_head":"\n