ISLAMABAD: Prime Minister Imran Khan has said that future generations of Pakistan are being burdened by borrowing money for debt servicing.
In a tweet message on Monday, he said that he pointed out that the daily interest payment is five billion rupees.
The Prime Minister said that country is sitting on huge amounts of dead capital in the form of government owned land with buildings.
He said that ninety percent of state owned land in Khyber Pakhtunkhwa, Punjab and the federal areas, on which rest houses and official residences are built.
He said that 34,459 kanals are rural and 17,035 kanals are urban. He pointed out that just the urban holdings are worth over three hundred billion rupees.
So a country that has to borrow money to pay interest on its loans (burdening our future generations) – & daily interest payment is Rs 5 b – is sitting on huge amounts of dead capital (just 90% of urban holdings is worth Rs 300b) in the form of this govt-owned land with buildings https://t.co/Mj3Nvnt7xE
— Imran Khan (@ImranKhanPTI) September 10, 2018