ISLAMABAD: Minister for Finance Mohammad Ishaq Dar has said that federal budget 2017-18 would reflect government’s resolve for sustainable and inclusive economic growth. The minister chaired a meeting to review state of preparations for the budget 2017-18, said a statement issued by the Ministry of Finance.
The finance minister was apprised that useful inputs had been received for the budget. The minister said that comments and proposals received from different stakeholders should be given due consideration in finalizing the budget document.
He emphasized that all budget related activities should be undertaken in accordance with the agreed time line. He said closer coordination between Ministry of Finance and other ministries and departments was imperative to carry out the budget exercise in a cohesive manner.
Budget, as earlier decided is proposed to be presented before the National Assembly ahead of Ramadan as would be the Economic Survey. The Minister was given an update on budget preparations by Finance Secretary and was informed that following issuance of Indicative Budget Cielings to the ministries/divisions the process of preparation of budgetary estimates was at an advanced stage.
He was also informed about the meetings that have been undertaken till date with different stakeholders including business community, traders, representatives of chambers of commerce and industries besides economic experts and professionals. Senior officials of the Ministry of Finance attended the meeting.
