PM Imran showers praise on 'rich' CDA

By: News Desk      Published: 10:12 AM, 4 Jun, 2021
CDA accounts
File photo.

Prime Minister Imran Khan has said that our economy is heading towards betterment and as a result of the government’s successful economic policies different sectors are showing signs of progress, one of them being the Capital Development Authority which was posting deficit four years ago, is now showing surplus accounts, reported 24News HD TV channel.

In his tweet on Friday, Prime Minister Khan said our economic turnaround and success of our construction policy (is) showing results in different sectors. He said Pakistan was changing. He said a near-bankrupt Capital Development Authority, which posted a deficit of Rs5.8 billion in 2017, would close this financial year with Rs73 billion surplus and Rs26 billion already in accounts. He congratulated the CDA saying ‘well done team CDA’.

The PM further tweeted that with financial stability achieved, it's time to accelerate transformation of Islamabad into a model city with priority being on reform and restructuring. Other mega cities can also become self-sustaining economic engines of growth through commitment, transparency and innovation.