Govt is against building motorways by taking loans

Communications Minister Murad Saeed while talking to the media has said that the government wants to build motorways across the country to increase connectivity but not through taking loans as it has already damaged the economy of the country.

While addressing a joint presser with Information Minister Fawad Chaudhry he said that said the PM is not against motorways and other infrastructure projects. “But he is totally against building motorways by taking loans,”

While explaining the situation he said that the PML-N government built the Lahore-Islamabad Motorway at a cost of Rs 60 billion by taking foreign loans. The interest on loans on this motorway was $ 2 billion, he said.