ISLAMABAD: Adviser to the PM on Finance Shaukat Tarin said here on Wednesday that the government would put in place audit programme of all Public Sector Development Programme (PSDP) projects.

The audit would be done by internationally recognized agencies to streamline expenditure and rationalize the development projects, he said while addressing the development partners, who joined consultative workshop for sharing Draft Poverty Reduction Strategy Paper-II.

Tarin said the government was prioritizing all Public Sector Development Programme projects at federal, provincial and local levels.

He stressed the need that all development projects must have a pilot project to ensure success of subsequent full cycle projects, adding that infrastructure development on nation-wide basis was priority of the government.

The adviser also underlined the need for developing an integrated energy generation and conservation plan in a manner that could boost agriculture, industry and other production sector.

He said the government was making all-out efforts to create a social safety net to protect vulnerable groups thorough extending outreach of Benazir Income Support Programme while ensuring that benefit reaches to the target population.

He said the government was working on stabilization of macroeconomic indicators and all its initiatives are likely to be put in place by end January 2009, adding that it also plans to bring down inflation, scaling down fiscal and current account deficit, besides paying special attention to mobilization of additional internal resources.

Describing the agriculture as key to economic prosperity in Pakistan he said its development must incorporate a pre-defined income security mechanism for farmers that could lead to productivity enhancement and high value crops focusing internal consumption and export needs.

He said the government would put in place a system of infrastructure development to create competitive industrial base and special economic zones which currently is facing downslide.