GILGIT: President Mamnoon Hussain has said that economic growth of the country has slowed and many mega projects, including power projects, have been suffering because of the protest sit-ins of the PTI and PAT in Islamabad.

Talking to media persons at the Governor House here on Tuesday, the president also said that the Pakistan International Airline (PIA) and Pakistan Steel Mills were a burden on the economy.

It would be beneficial to privatise the loss-making public units such as PIA and Pakistan Steel, he said.

Presently, PIA was facing a loss of billions. He said usually the airlines world over employed 120 employees per flight, but the ratio in PIA was 700.

The president said the matter of increasing PIA flights between Islamabad and Gilgit-Baltistan would be taken up with the authorities concerned and a decision would be taken soon.

Mr Hussain said Gilgit-Baltistan had a capacity to generate 40,000 megawatts of electricity and the country would utilise its resources to overcome the power crisis.

The president said Gilgit-Baltistan had a huge potential for hydel power generation and the government would complete the construction of the Diamer and Dasu dams.

Earlier, a delegation of the GB government called on the president. It comprised Speaker of the Gilgit-Bal­tis­tan Legislative Assembly Wazir Baig, Op­­po­­sition leader Haji Janbaz Khan, cabinet members Ali Madad Shaar, Didar Ali and Haji Gulbar and JUI-F member Rahmat Khaliq.

Published in Dawn, October 22nd, 2014

Opinion

The Dar story continues

The Dar story continues

One wonders what the rationale was for the foreign minister — a highly demanding, full-time job — being assigned various other political responsibilities.

Editorial

Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.
All this talk
Updated 30 Apr, 2024

All this talk

The other parties are equally legitimate stakeholders in the country’s political future, and it must give them due consideration.
Monetary policy
30 Apr, 2024

Monetary policy

ALIGNING its decision with the trend in developed economies, the State Bank has acted wisely by holding its key...
Meaningless appointment
30 Apr, 2024

Meaningless appointment

THE PML-N’s policy of ‘family first’ has once again triggered criticism. The party’s latest move in this...