2. Development of tourism, social diversity, for introducing culture and identity of Pakistan at international level, the development of film, culture, heritage and fine arts is inevitable. In 2018, first ‘film and culture policy’ was approved by Cabinet during our tenure. Unfortunately, no progress was made during the last four years. In the spirit of said policy of 2018, film has been declare industry with an amount of Rupees one billion, ‘Binding Film Finance Fund’ has been established for artists as well as ‘Medical Insurance Policy’.
- Five years’ tax holiday for film procedures, and on establishing new Cenima houses, production houses, film museums, and tax rebate on export of film and drama for ten years, as well as producers income is exempted from Income Tax. ‘National Film Institute’ and ‘Post Film Production Facility’, and ‘National Film Studio’ receive an allocation of Rupees one billion. Cenima houses, Film museums and Post Production Facility is declared as ‘CSR’. Relate is offered to foreign film producers to produce films and dramas at local level here. It will conditional to shoot upto 70% in Pakistan so that various regions get introduced and their tourism and culture flourish, as well as employment and youth skill get empowered.
- Eight percent withholding tax on distributors and producers is being withdrawn. The import of machinery, equipment and other items shall be exempt from Custom Duty for five years. Finance Bill 2018 and Custom Act, 1969 is being amended through Finance Bill 2022 to introduce zero% sale tax and entertainment duty on import of equipment for film and drama. Because of these measures, Pakistan’s film industry will be rejuvenated whereas Pakistan severed relation with international media will be restored. Encouragement of new talent will provide career opportunities to youth in film industry.
Public Sector Development Programme (PSDP) Mr. Speaker!
- An amount of Rs 800 billion has been allocated for Federal Public Sector Development Program. In 2017-18 we left Federal Development Budget at Rs 1,000 billion. When we assumed the responsibilities again, it has been slashed to almost a half.
- Federal government should build such infrastructure with its funds that are used by the whole country. These people stopped the work on Gawadar Port because of their negligence and irresponsible attitude. Gawadar, which is deepest water sea port in the region, at present is filled with sand and mud.
- PTI government have also harmed my Quaid Mian Muhammad Nawaz Sharifs’ vision to build a web of Motorways in the country and intentionally kept motorway routs from Chinese Boarder to Karachi and Gawadar incomplete at many points so that rout of progress may not bring prosperity to Pakistan. Similarly, they created hurdles to in fulfilling Mian Muhammad Nawaz Sharifs’ dreams of developing ML-I connecting the whole Pakistan. They, even did not started work on this project which was capable of making Pakistan a modern country. During his tenure of quarter to four years Imran Khan just talked a lot but did nothing practically. In this way after having wasted nation’s valuable times, he flew back to Bani Gala in Helicopter.
- Now I am going to present priorities of development programme:
- We will focus on completion of ongoing projects so that funds spent on these projects may not go to waste.
- Despite having the lowest population, comparatively the largest allocation is being spent on Balochistans’ Development so that the province can be brought at par with other parts of the country.
iii. PSDP allocation for provinces and special areas (Azad Kashmir and Gilgit Baltistan) has been increased to Rs 136 billion.
- Dams that serve as water reservoirs are our utmost priority. Additional funds have been allocated for earlier completion of Mohmand Dam and Diamir Bhasha Dam under the directives of Prime Minister Shehbaz Sharif.
- Highway connecting both sea ports to China will be completed.
- By expediting the completion of infrastructure projects and economic zones under CPEC, attention will be focused on economic growth and exports.
Infrastructure
- Like always, development of infrastructure according to national needs is our first priority. A total of Rs 395 billion has been allocated for this purpose.
Powers/Electricity
- Enhancing generation, transmission and distribution of electricity is government’s priority. An amount of Rs 73 billion has been provided for power sector out of which
Rs 12 billion will be spent on earlier completion of Mohamand Dam according to Prime Minister’s announcement. These water reservoirs will also be used for agriculture.
Earlier completion of this project will benefit farmers.
Water Resources
- Water resources sector is closely linked with power sector. An amount of Rs 100 billion is included in the budget for big mult- purpose dams especially Diamir Bhasha, Mohamand Dam, Dasu Dam, Nai-Gaj Dam and commend area projects. Small dams, culverts, in less developed districts are also given priority. Power and water resources projects are interlinked for which a total of Rs 183 billion have been allocated.
Transport and Communication
An amount of Rs 202 billion has been allocated for highways and sea ports. Communication facility not only benefit industry and trade but also give market access to farmers rather tens of thousands of people get employment. It had been over distinction in the past that we started construction of motorways, completed them and today tens of thousands of people travel on these motorways daily. We are also utilizing private sector investment along with government investment on construction highways. Construction of highways through public private partnership will be encouraged.