Prime Minister Nawaz Sharif on Thursday said that the Chinese government waited for Pakistan Muslim League-Nawaz (PML-N) to come into power before it could make a $46 billion investment in the China Pakistan Economic Corridor (CPEC).
Addressing a parliamentary party meeting of the PML-N in the Prime Minister’s House, which was attended by the party’s parliamentarians including cabinet members, senators, MNAs, MPAs and advisers, the Prime Minister said that Chinese President Xi Jinping during his visit to Islamabad last year said the CPEC was a gift to Pakistan.
“He [Chinese President] said this is a gift to you from China. They were also waiting for the time when our government would be in power so that they could make this investment,” the Prime Minister told his party parliamentarians, while referring to the Chinese investment of $46 billion in the CPEC.
During the meeting, according to sources, the Prime Minister also snubbed a party MNA from Toba Tek Singh Chaudhry Asad ur Rehman for interrupting him during the speech. However, the MNA continued saying “I am not a school pupil”.
The Prime Minister also told the meeting that his government has been working with great sincerity and there have been no accusations of kickbacks or corruption against them. Rather it has saved Rs 100 billion in the execution of power projects, he added.
He also expressed his government’s resolve to work with new spirit in the next two years for the welfare of people and development of the country.
He also directed the government for speeding up works during the remaining tenure. The Prime Minister further said that terrorism has been eliminated to a large extent and the backbone of terrorists has been broken through the operation Zarb-e-Azb.
“As a result of government’s prudent policies, Pakistan has emerged as one of the emerging economies which has also been acknowledged by the international financial institutions and rating agencies,” he added.
He stated that situations in Balochistan and Karachi have improved significantly, adding Balochistan has been put on the path of development and the province will greatly benefit from the CPEC project.
He stated that Pakistan foreign exchange reserves are at record high and those who withdrew their investment in the past are again coming to invest in the country.
He said the federal government has launched Green Line bus project in Karachi on the pattern of metro bus projects executed in Islamabad, Lahore and Multan.
He said the government has concluded its last review with the International Monetary Fund (IMF) and he desired to say good bye to the IMF as the country has achieved self-sufficiency.
He expressed the confidence that the country will not need any new loan from the global lending agency. The Prime Minister said the government has launched several motorway and expressway projects which will benefit every area of the country.
Referring to PTI’s protest call, he said the political parties planning to hold another sit-in would gain nothing as people of Pakistan could not be detracted by such sloganeers.
He pointed out that all opposition parties had used derogatory language against the government during their electioneering in AJK but the people have seen its consequences in the shape of the election results.
The Prime Minister assured the people that his government would fulfil all of the commitments during its tenure. He said that the development projects should have started years ago, adding former president General Pervez Musharraf (Retd) should be held accountable for depriving Pakistanis of electricity for nine years.
“Bring Musharraf and his people to court, they should be held responsible for all that they deprived the people of Pakistan of… They should be held accountable before the Parliament,” he added. -Business Recorder