Govt is promoting tourism to secure foreign exchange, says Imran Khan

JHELUM: Prime Minister Imran Khan has said the government is promoting tourism to earn foreign exchange and generate employment in the country.
Talking to the media persons at Nandana Fort in Jhelum district on Sunday, the Prime Minister said that Pakistan has immense potential for mountain, coastal and historic sites tourism.
He said that Nandana Fort is the place where great Muslim Scientist Abu Rayhan al-Biruni had measured the circumference of the earth. He said Nadana was a seat of learning in the past, which needs to be showcased to the world.
He said the government is going to develop this spot as a modern village to provide facilities to tourists. He said this will bring the entire area on the world tourism map.
Imran Khan said, “Pakistan has great historic sites in Lahore, Peshawar and other parts of the country and we have to develop them to attract foreign and domestic tourists, which will generate economic activities and bring prosperity to the area.”
The Prime Minister said Turkey earns $40 billion from historic sites’ tourism According to the information available from the PM House, the OGRA had proposed an increase of Rs6.22 in the price of MS Petrol, Rs6.82 in price of high speed diesel, Rs6.37 raise in the price of kerosene oil and Rs5.78 hike in light diesel oil price.
On the other hand, oil prices are trading at 14-month high as the US West Texas Intermediate (WTI) crude futures was closed at $61.50 a barrel, Brent at $64.42, the price for Opec Basket was recorded at $65.42, and closing price of Arab Light remained $65.14.
According to the latest outlook by Morgan Stanley, prices for Brent crude will reach $70 per barrel in the third quarter on “signs of a much-improved market.” At the same time, Goldman Sachs Commodities Research raised its expectations for Brent crude by $10 for the second and third quarters of the current year. The bank says that prices will climb to $70 per barrel in the second quarter from the $60 it previously predicted, and $75 in the third quarter from $65 earlier. – TLTP

Leave a Reply