28,000 tube wells in Balochistan will be solarised: Shehbaz
Quetta(Ghulam Yaseen/Webdesk): No U-Turn on Economic Progress: PM Says IMF Return Unthinkable, PM Shehbaz announced a significant initiative to convert 28,000 tube wells in Balochistan to solar energy, a project costing Rs55 billion, with the federal government covering 70% of the expenses and the provincial government the remaining 30%.
Lamenting that the burden of debt has mortgaged the future of nation’s generations, Prime Minister Shehbaz Sharif has said it will be a matter of great shame if Pakistan has to once again return to the International Monetary Fund (IMF) for another loan after three years.
“To free ourselves from this cycle of debt, the federal and provincial governments, along with the relevant institutions, must work together,” the premier said while addressing a signing ceremony to launch a significant initiative aimed at the solarisation of agricultural tube wells in Balochistan on Monday.
“If we make this collective effort, future generations will be grateful. However, if we fail to make tough decisions, we will find ourselves seeking assistance from the IMF once again,” the PM, who was on a daylong visit to Quetta, said.
Pakistan is looking to strike a staff-level deal on an IMF bailout of more than $6 billion this month after addressing all of the Washington-based lender’s requirements in its annual budget.
Moreover, the country’s debt has soared since the mid-2000s, as authorities failed to invest a gusher of loans from international bondholders and countries including China and Gulf nations into productive, export-oriented sectors.
He said that in the next phase, we are going for the solarization of one million agricultural tubewells across the country, saving R3.5 billion dollars.
He said that 10% quota has been allocated for the students of Balochistan, who will be sent to China at government expense for the latest professional training in the agriculture sector.
Baluchistan government decided to start green buses in Quetta
Similarly, 10% quota has been reserved for the students of Balochistan to get training in the field of Information Technology under the Chinese company Huawei.
He said the highly educated and skilled youth of Balochistan will certainly play an important role in the development of the province and the country.
The prime minister highlighted that funds have been allocated in the federal budget for the establishment of Danish Schools in Balochistan.
He expressed the hope that Balochistan Governor Sheikh Jaffar Khan Mandokhail, Chief Minister Mir Sarfaraz Bugti, and the entire provincial cabinet will continue playing their due role for the development and prosperity of the province.
CM Balochistan applauds PM for converting tube-wells to solar energy,
Chief Minister Balochistan Mir Sarfraz Bugti has thanked Prime Minister Shehbaz Sharif for the project of shifting agricultural tube-wells in the province on solar energy.
He expressed the gratitude during meeting of provincial cabinet in Quetta today, attended by the Prime Minister.
The Balochistan Chief Minister lauded the unprecedented work by the Prime Minister for the tube-wells conversion project.
He said the Prime Minister’s special attention towards welfare and prosperity of the people of Balochistan is commendable.
Mir Sarfaraz Bugti said the conversion of more than 27,000 agricultural tube-wells to solar energy in the province will provide relief to the people and save billions of rupees in subsidy to Quetta Electric Supply Company.
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