Investment being made to benefit farmers: Omar
By Ali Imran

ISLAMABAD—State Minister for Finance Division Omar Ayub Khan on Monday said a major investment would be pumped into agriculture sector to enhance farmers’ capacity and attract them towards value-added production.
It was stated by him while talking to media-men here at a seminar on `Dispute Resolution in International Transactions’.
He said there is presently disruption is supply of food items due to weather but we want to address it forever through investment. To a question, he categorically said that there is no fiscal deficit and “every thing is within the budget”. Earlier, the minister while addressing the seminar said that development in human resource and infrastructure is crucial for economic prosperity.
He stressed the need for cooperation between public and private sector in this regard.
Citing the strength of China’s economy, he said “ their secret weapon is productivity of labor force,” adding that Pakistan is in process of reforms and confidence of private sector is increasing due to the friendly policies of the present government.
He said better infrastructure and best use of manpower can only guarantee prosperity.” We are investing for better human resource at gross root level and trying to work out a strategy for maximum use of our own manpower,” he added. Partner, Dispute Resolution Practice, Norton Rose, London Antony Dutton and Partner Khan & Associates Mansoor Hassan Khan spoke on the occasion.
The participants in the seminar, held under the auspices of Khan & Associates Attorneys at Law, discussed the effects of the New York Convention on Investor Confidence and the Dubai International Financial Center Model.
On the occasion, United Arab Emirates (UAE) envoy to Pakistan Ali Mohammad Al Shamsi said U.A.E would make an investment of $ 50 billion in Pakistan during the next 15 years particularly in the business of real estate, housing projects and oil and gas sector. The Ambassador said that UAE is making significant investment in Pakistan and will further expand this investment. “ Investment by Emar can exceed $ 45 billion”, he said adding that we are looking for an investment in other sectors too.