PM directs to provide relief to common man in fiscal budget

Business May, 23 2023
PM directs to provide relief to common man in fiscal budget
  • 150
  • 0

ISLAMABAD: Prime Minister Shehbaz Sharif directed authorities concerned to take all possible steps to provide relief to common man in next fiscal year’s budget. Chairing high-level meeting about preparation of budget for financial year 2023-24 here Prime Minister was briefed by his economic team about preparations of next year’s budget.

 He was also briefed about revised estimates of revenue and expenditures and target estimates for next year. Meeting was informed that Budget for fiscal year 2023-24 would be presented on June 9 in National Assembly after getting approval by Cabinet.

 Speaking on occasion, Prime Minister said all available resources should be used to reduce financial difficulties and provide relief to middle class.

 He expressed satisfaction that prices of Urea are continuously decreasing as result of timely and prudent strategy of government. He said during past two months, current account surplus was achieved after many years and economy of country is heading towards positive trajectory. He directed to take concrete steps to increase revenue and enhance tax net.

 Prime Minister directed authorities concerned to finalise pension reforms at earliest and establish pension fund through adopting creative methods to lessen burden on national treasury to ensure welfare of pensioners.

Published in The Daily National Courier, May, 24 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Senior Reporter
Senior Reporter https://www.dailynationalcourier.com/author/senior-reporter
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Army Chief reiterates resolve to thwart nefarious designs of inimical elements

PESHAWAR: Amid rising terror incidents in Pakistan, Chief of Army Staff (COAS) General Asim Munir yesterday reiterated the army’s firm resolve to eradicate the illegal spectrum undermining national security, a statement from the military’...

PM Shehbaz forms panel to end PPP-PML-N rift

ISLAMABAD: Following PPP Chairman Bilawal Bhutto Zardari’s complaints against the incumbent government, Prime Minister Shehbaz Sharif has constituted a committee to resolve the issues between Pakistan Muslim League-Nawaz (PML-N) and Pakistan Pe...

Federal Ombudsman chairs 'open court' in District Central

KARACHI: An open court was held at the Deputy Commissioner's Office, Central Karachi, under the chairmanship of Federal Ombudsman Syed Anwar Haider. Deputy Commissioner Central Taha Saleem, Additional Deputy Commissioners Asim Siddiqui and Dr. Saira...

Hina Bayat discusses rising divorce rates

Hina Bayat Khawaja is one of Pakistan’s most beloved and versatile actresses, known for her insightful opinions and candid approach to life. Having enjoyed a successful career, she is highly regarded, and her views carry significant weight. Hin...

More like this
Related

Rohde & Schwarz Pakistan concludes day 01 of IDEAS 2024 on a positive note

KARACHI: 12th edition of IDEAS 2024 got underway today i.e. 19th November 2024 at Kashmir Hall, Karachi Expo Centre, Karachi. inauguration ceremony was a grand affair attended delegates, exhibitors, senior members of armed forces and selected members...

Gold prices hit one-week high

KARACHI: Gold prices continued their upward momentum on Wednesday, marking a one-week high as investors sought the safety of the precious metal amid growing geopolitical uncertainty, particularly the escalating Russia-Ukraine conflict. Spot gold ros...

Profit-taking drags PSX down, KSE-100 falls by 310 points

KARACHI: The Pakistan Stock Exchange (PSX) saw profit-taking on Wednesday, resulting in a decline of 310 points in the benchmark KSE-100 Index, which closed at 95,546.45, down 0.32%. The session began on a positive note, with the KSE-100 rising to a...

Ahsan Iqbal proposes GSP-Plus and 5Es framework for export-led growth

ISLAMABAD: Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, proposed a comprehensive strategy to align the European Union’s Generalized Scheme of Preferences (GSP-Plus) program with Pakistan’s 5Es framewo...
Need Help? Chat with us