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Business Recorder

Published Date: Apr 20, 2013

PPP?s manifesto ensures basic needs by increasing spending on education, health on education, health

The
manifesto of Pakistan Peoples Party (PPP) will ensure basic needs in the
country by increasing spending on Health and Education.

This
was stated by Senator PPP, Saleem H. Mandviwalla while speaking along with
Senator Saeed Ghani on the occasion of Policy Seminar on "PPP’s Manifesto
in Relevance of Manifesto in Political Dynamics of Pakistan" organized by
SDPI here on Friday.

"The
spending on Education would be enhanced to 4.5 per cent of GDP over the five
years of government and this step would raise the adult literacy rate from the
current 54 per cent to 85 per cent", he added.

In
the same way, the spending on health would be raised to 5 per cent of total
budget and a national insurance plan would also be developed, he said.

The
population growth would be decreased from 2 per cent to 1.6 percent by 2018
through awareness, education and mandatory services.

Under
poverty alleviation measures, an amount of Rs 2000 per month would be paid to
each beneficiary instead of Rs 1000.

Mandviwalla
further said that the budget deficit would be reduced to less than 4 per cent
of GDP and targeting a growth rate by 6 per cent by 2016 and 8 per cent by
2018.

Moreover,
the GDP to savings ratio would be increased to 15 per cent and inflation will
to be kept between 6 per cent to 8 per cent.

The
debt would be kept under 60 per cent and foreign remittances to be increased
and in addition the exports would be doubled.

Speaking
on the occasion, Senator Saeed Ghani told that the people employment initiative
would be launched for creating one million jobs each year and 5 million jobs in
the five years.

The
energy would be increased to 12000 Mega Watt (MW) through a mix of fuel and USD
36 investments and an approach of small dams and run-of-the-river hydropower
will be encouraged and adopted, he added.

"During
our next term, we will focus on decreasing transmission losses to be under 15
through prudent policies and vigilant governance and aside from this, the
measures would be taken to promote and encourage exploration to increase energy
output", Ghani told.

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