Budget will be presented in second week of June, Finance Secy 

By: News Desk      Published: 08:37 PM, 3 May, 2021
Budget will be presented in second week of June, Finance Secy 
Finance Secretary Kamran Afzal.

Finance Secretary Kamran Afzal has said that the annual budget for the fiscal year 2021-22 will be presented in the second week of June. 

In an informal talk, reported by 24News HD, he said some changes in budget strategy paper were expected. He said the economic strategy changed due to coronavirus and lockdown situation. He said they would discuss the budget strategy with the parliament, traders, and industrialists. IMF debt plan is also expected to be changed, he added. 

The finance secretary said they would discuss with the IMF the economic situation during the time of corona. He further said exchange reservoirs were stable. 

The secretary said that there was no immediate need for IMF funds for dealing with the coronavirus situation. He said last year the IMF had provided $1.5 billion to fight against coronavirus pandemic.