ISLAMABAD: The government has taken key measures to enhance power generation and improve its transmission system in the country, Finance Minister Ishaq Dar said while addressing a ceremony over energy conservation in Islamabad.
The Minister expressing regret over the energy sector said that it was neglected in the past however he hoped that the steps taken by the government will change the energy landscape of Pakistan in the coming three years.
Ishaq Dar said special attention is being paid to alternative sources of energy which include wind, solar and biomass.
He said eight wind projects of 429 mw are under construction while 1000 mw of solar project is being implemented in Bahawalpur.
Regarding the economic performance, Dar said the economy of the country has been strengthened over the last twenty two months. This has also been acknowledged by the international institutions, he added.
Dar said the government had to take some difficult political decisions to revive the economy but these have started yielding positive dividend.
He said inflation level has drastically been brought down and it is expected to remain below five percent during the current fiscal year. The low inflation rate will help enhance the purchasing power of the consumers and attract more investment.
Ishaq Dar said strong measures have also been taken to enhance tax to GDP ratio.
