LAHORE: Industrial investment in Pakistan in the public sector this financial year (1976-77) will register an increase by 133 per cent over last year, the Federal Finance Minister, Rana Mohammad Hanif, stated here today [Oct 27]. He was inaugurating a course on ‘Investment Analysis and Decision Making’ at the Pakistan Administrative Staff College. …

… Rana Hanif said that investment in the public sector last year was to the extent of Rs 2,777 million, whereas it was likely to be to the tune of Rs 6,482 million this year.

The level of investment … reflected progressive expansion of the public sector in accordance with the policy of mixed economy, being pursued by the Government.

The Finance Minister said that as Pakistan was a developing country, with agriculture contributing more than one-third of its GNP, the Government was doing everything possible to exploit the full agricultural potential in the shortest possible time. The efforts made in this direction so far have already shown results. …

He said the current year’s wheat crop had set a new record and added that realisation of food autarky was no longer a distant dream but a concretely emerging reality.

Published in Dawn, October 28th, 2026