Trade: (Approval of ADB’s water report demanded)June 23, 2015
ISLAMABAD: Patron Islamabad Chamber of Small Traders Shahid Rasheed Butt on Wednesday demanded of the government to approve Asian Development Bank’s (ADB) water report to overcome many problems faced by the country.
Implementation of the recommendations of the water report which covers issues from glaciers to reservoirs and even drainage system can resolve many pressing issues to ensure economic returns, he said in a statement here.
He said that immediate action on the report which has not seen light of the day since two years is needed for improving quality of life of masses, revival of industry, saving millions of young lives, increase productivity and ensuring prosperity.
The resolution of energy crisis which has paralysed economy also lies in implementation of the recommendations of the report, he said, adding that the report merits publication. The efforts of over dozens world-class experts spanned over a year should not go waste due to political considerations, he emphasised.
Shahid Rasheed Butt said that government can ask foreign experts to re-examine some points of the report which they seen as difficult to implement at this point in time, however, the authorities should not sit on the report which can create anxiety among the friendly countries, donors and lenders, he said. Pakistan ranks third in ADB’s top recipients of financing and the reluctance of authorities regarding water report can make the bank uneasy.