National economy put on the right trajectory: FM Aurangzeb

Finance Minister Muhammad Aurangzeb says all the sectors of GDP will be brought under the tax net to stabilize the national economy, reported 24NewsHDTV Channel.

Addressing a pre-budget seminar arranged by Federation of Pakistan Chamber of Commerce and Industry in Karachi on Wednesday, he said the national economy has been put on the right trajectory. Aurangzeb said significant reduction in inflation and policy rate has been achieved due to prudent economic policies.

He said the current account deficit has been controlled. The Finance Minister assured that recommendations of the business community will be reviewed and incorporated in the next budget. He said that the consultations on the next budget have been underway with business community. 

Aurangzeb said government is focused on increasing exports to ensure productivity-led growth.