Agri sector has potential to bring country out of economic crisis: Khursheed Shah

Islamabad: Minister for Water Resources Syed Khursheed Ahmed Shah on Friday expressed confidence that the agriculture sector had the potential to bring the country out of current economic crisis.

Speaking in the National Assembly, he said:“I must appreciate Finance Minister Miftah Ismail for announcing incentives for the agriculture sector, as it is the only sector that can steer the country of the current economic crisis.”

“If the agriculture sector is ensured such support for next 10 years, the country will be self-reliant and will have no need to get any loan from financial institutions. This is the sector that can resolve all the problems of Pakistan.”

The minister also suggested to levy more taxes on the cigarette industry in order to save the people from cancer, tuberculosis, and other chronic diseases, besides millions of rupees spent on their treatment.

He said the price of cigarettes should be doubled as the same was much higher in other countries.

A parliamentary committee, he said, should be constituted to look into the sectors that were paying taxes and the one ones which were contributing nothing.

Speaker Raja Pervaiz Ashraf endorsed the idea of imposing more taxes on the cigarette industry.