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Wednesday, September 4, 2019

Loan Forgiveness

Loan Forgiveness

Speaking on a private Islamabad TV channel, Amjad Shoaib, General Analyst (Rest) said: "One example is whether a government or an institution starts taking money to his employees and says: we will give you two after years, you will do the house and then when you.

If you continue to take money and you do not even build a house, you should pay it back, saying that when the government started building a gas infrastructure, it started collecting that money. But he did not set up the infrastructure. Until the government realized that it was not possible to build this infrastructure, it received 500 billion rupees.

When there was a budget deficit in the PML-N government, it digested the money, the companies stopped giving more money and said that you received money from us but that you do not build infrastructure. He took the residence order of the court. Now that you have no reason to keep this money, the court told the court that the sentence will be imposed on you and that the money collected by the government will have to be returned.

An agreement was reached out of court: The government that ate was gone, you did not give what you owed, in this case, the government saved four to four and a half billion. It should be recalled that recently, the presidential order excluded the owners of the most influential industrialists, fertilizers, factories, CNG plants and power plants, amounting to Rs 208 billion. During the five-year plan poor farmers and the public received this money as part of the gas infrastructure development supplement. The money was to be deposited in the national stock exchange via which the Pakistan-Iran gas pipeline, the TAPI project and other energy projects were to be completed.
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