Islamabad (Web Desk): Prime Minister Imran Khan formally launched Pakistan's first green Eurobond on Monday.
The Green Euro, called Indus Bond, has been issued by Water and Power Development Authority (WAPDA) to raise $500 million for financing of Diamer Bhasha and Mohmand dams, the Radio Pakistan reported.
Addressing the launching ceremony in Islamabad, the premier said that the government has planned to construct ten dams in ten years to meet water needs and produce clean energy.
Acknowledging the progress made in the construction process of Diamer-Bhasha and Mohmand dams during two and a half years, he said these two water reservoirs will produce 10,000 megawatts of clean and environment- friendly electricity in the country.
PM Imran said that Pakistan is one of the most affected countries by climate change and global warming in the world. He said that the government is effectively working on tree plantation drive under ten billion tree tsunami programme to address this challenge.
“This programme will considerably improve living standards of people besides promoting tourism and reducing pollution,” the prime minister said, adding that plantation target of one billion trees has been successfully achieved.
Khan said that 15 special national parks are being established to protect and preserve the natural environment.
“The government is working on a long-term planning to save the next generations as such policies are imperative for development of the country,” PM Imran asserted.
Referring to the public welfare programmes initiated by the government, the prime minister said unified curriculum is being introduced to ensure quality education across the country.
Prime Minister Imran Khan said that Pakistan Tehreek-e-Insaf (PTI) government has launched exemplary health programme to provide universal health coverage to masses.
He said 100 percent population of Khyber Pakhtunkhwa (KP) has been provided health coverage while Punjab will be covered this year.