ISLAMABAD: Prime Minister Imran Khan says that Pakistan paid daily interest of Rs5 billion, where its value of 90 percent of its urban property is more than 300 billion.
While expressing his views on the social networking website, Prime Minister Imran Khan said “I have just got figures of 90% of state-owned land in KP, Punjab & federal areas & rest houses/official residences built on this land. The figures are startling: 34,459 kanals are rural & 17,035 kanals are urban.Just the urban land with buildings is worth over Rs.300 billion!”.
The Prime Minister says “So a country that has to borrow money to pay interest on its loans (burdening our future generations) – & daily interest payment is Rs 5 b – is sitting on huge amounts of dead capital (just 90% of urban holdings is worth Rs 300b) in the form of this govt-owned land with buildings”.
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