Pakistan, Feb. 23 -- Finance Minister Muhammad Aurangzeb on Saturday reiterated the government's commitment towards structural reforms, saying it would not support the 'plots and files' business, a speculative practice prevalent in Pakistan's real estate sector, calling it unsustainable.
"We are all with the construction industry, but we need to differentiate between real estate and construction."
"The government will not support the plots and files business," he said, adding that it is not sustainable.
The remarks were made at the "3rd All Pakistan Chambers Presidents Conference" at the Faisalabad Chamber of Commerce & Industry (FCCI) on Saturday.
A 'plots and file' business refers to a real estate practice, primarily prevalent in Pa...
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