Important news for pension consumers in the budget 2022-23 | Finance Minister Miftah Ismail |
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ISLAMABAD: The Shehbaz Sharif-led coalition government is unveiling the “toughest” federal budget for the next fiscal year 2022-23 in the National Assembly with an outlay of Rs9.5 trillion amid strict conditions of the International Monetary Fund (IMF) for the revival of the $6 billion loan programme stalled since months over policy breaches.
Federal Minister for Finance and Revenue Miftah Ismail, while presenting the budget proposals, berated the “incompetent” PTI-led government for its poor performance, saying that the current budget focuses on “sustainable and inclusive growth.” The finance minister said that due to the “incompetency” of the PTI-led government, Pakistan has been facing the issue of skyrocketing inflation. Addressing the Speaker of the National Assembly Raja Pervez Ashraf, Miftah assured that the new coalition government will pull Pakistan out of the economic crisis: “We have done it before, we can do it, we will do it.” Miftah further added that in the next fiscal year, the country has to improve the economic conditions of the poor by providing them with facilities. “When the income of the poor people increases, they purchase consumer goods which are produced locally. And this, in turn, reduces the exports and initiates the development process. We can achieve inclusive growth by taking the above-mentioned steps," he said. The finance minister further highlighted that Pakistan has become the third-most-expensive country due to the incompetency of the PTI-led government. LIVE | Federal Budget 2022-23 Update | National Assembly Session | Pakistan Budget 2022-23 | HUM NEWS LIVE | Shahbaz Sharif | PML-N Budget 2022-23 #budget2022 #NationalAssembly #FinanceMinister Federal Budget 2022-23 | federal budget 2022 | federal budget | Preprations for federal budget 2022-23 | federal budget 2022-23 | budget 2022-23 | budget 2022 | budget of pakistan 2022-23 | budget of pakistan | budget 2022-23 pakistan | budget 2022-23 pakistan summary | budget deficit | budget 2022 highlights | budget 2022 pakistan | budget 2022 date | budget 2022 pakistan date | Budget 2022-23 Preparations | breaking news | bol news | bol | pakistan budget 2022-23 | budget 2022-23 | budget 2022-23 pakistan | budget 2022 | budget 2022 pakistan | budget | federal budget 2022-23 | pakistan news | budget 2022-23 in pakistan | pakistan | pakistan budget 2022-23 | pakistan budget | budget pakistan | mini budget pakistan | pakistan mini budget | pakistan defence budget | pakistani budget | pakistan military budget | budget news | pm shehbaz sharif | pti vs pmln | federal budget 2022 | federal budget | budget of pakistan | budget deficit | budget 2022 highlights Watch latest Pakistani News Live, Breaking News, Top News, Top Stories, Headlines, Bulletins, Exclusive and special coverage of Pakistan on Hum News. Hum News stream provides real-time latest Pakistan News, Pakistani News Live, Breaking News, Top News, Top Stories, Headlines, Bulletins, Exclusive and special coverage, News Updates, News Headlines & Live News. JOIN HUM News on Social Networks: Facebook: https://www.facebook.com/HUMNewsPakistan/ Twitter: https://twitter.com/humnewspakistan Instagram: https://www.instagram.com/hum.news.pakistan/ |