Rawalpindi Development Authority’s (RDA) Land Use and Building Control Department (LC&BC) during the fiscal year 2020-21 has generated a revenue of Rs331mn.


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ISLAMABAD: Rawalpindi Development Authority’s (RDA) Land Use and Building Control Department (LC&BC) during the fiscal year 2020-21 has generated a revenue of Rs331mn.

According to the details, the generated revenue is much more than the set target of Rs195mn.

While felicitating the whole administration, the chairman RDA informed that the civic authority had missed the target of FY2019-20 in which Rs165mn was collected against the target of Rs190mn.

Furthermore, the Additional Director LU&BC, informed that RDA had received a total of 1400 building plans for construction which the most ever recorded.

 

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CDA posts surplus of Rs73bn in ongoing financial year: PM


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ISLAMABAD: Prime Minister (PM) Imran Khan today (Friday) has informed that the Capital Development Authority (CDA) has posted a surplus of Rs73bn in the ongoing financial year.

Taking on to Twitter, the PM stated that in 2017 CDA had posted a deficit of Rs5.8bn.

The PM attributed the increase in CDA revenue to the successful construction policies of the government.

Furthermore, PM Imran Khan also felicitated the entire department of CDA on the achievement.

Highlighting the financial stability of CDA, the PM was of the view that it is the right time to turn Islamabad into a model city.

 

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GDP growth to reach 5% by next year: Hammad Azhar


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ISLAMABAD: The Gross Domestic Product (GDP) to reach 5 per cent by next year, announced Minister for Energy Hammad Azhar.

Despite various challenges, including the outbreak of COVID-19, the government successfully revived the economy through multiple activities.

The constructional activities, agriculture and services sectors have witnessed a sharp increase, with a 9 per cent growth in large scale manufacturing, the minister added. 

 

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