Federal budget to be presented on June 9
PM Shehbaz for ensuring maximum relief to common man in budget
By News Desk
May 23, 2023 04:42 PM
Prime Minister Shehbaz Sharif has directed the authorities concerned to take all possible steps to provide maximum relief to the common man in the next fiscal year's budget, reported 24NewsHD TV channel.
Shehbaz Sharif said this while chairing a high-level meeting about the preparation of the budget for financial year 2023-24 in Islamabad on Tuesday.
During the meeting, the prime minister was briefed by his economic team about preparations of the next year’s budget and about the revised estimates of revenue and expenditures and target estimates for the next year.
The meeting was informed that the budget for fiscal year 2023-24 would be presented on 9th of next month in the National Assembly after getting approval by the Federal Cabinet.
Speaking on this occasion, Shehbaz Sharif said all available resources should be used to reduce the financial difficulties and provide relief to the middle class.
The prime minister expressed satisfaction that prices of Urea are continuously decreasing as a result of the timely and prudent strategy of the government.
Shehbaz Sharif said during the past two months, current account surplus was achieved after many years and the economy of the country is heading towards positive trajectory. He directed to take concrete steps to increase revenue and enhance tax net.
He also directed the authorities concerned to finalize pension reforms at the earliest and establish a pension fund through adopting creative methods to lessen the burden on the national treasury to ensure welfare of the pensioners.