CDA auction consequences highlight assurance in country’s economic imminent: PM

Prime Minister Imran Khan on Friday counseled the effects of an public salefor plots with the aid of the Capital Development Authority, calling it an indication of the people’s self assurance in the future of the country’s economy.

The premier, in a Twitter post, said the public sale resulted in the highest-ever returns for CDA amounting to Rs11.28 billion, which was a vote of confidence in the future of Pakistan’s economy.

The auction results also published the extent of “non-transparent, corrupt practices” in the past, he added. 

“CDA’s largest plots’ auction outcomes in absolute best ever return for CDA – Rs 11.28 bn. This highlights 2 imp facts: One, it is a vote of self assurancein future of Pakistan’s economy; two, it exhibits how tons money has been misplaced in the past due to the fact of non-transparent, corrupt practices,” he tweeted.

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