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Upcoming Budget 2015-16 to bring incentives for betterment of overall economy

byCT Report
25/05/2015
in Business
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Dar meets FBR officials to discuss budget proposals

ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar said Monday the upcoming budget 2015-16 would bring encouraging incentives for the betterment of the overall economy and for generation of employment opportunities

He was chairing a meeting at the Federal Board of Revenue (FBR) which discussed budget proposals for the upcoming financial year, 2015-16.

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The minister had a detailed discussion with the FBR team on proposals related to the different sectors of economy.

Chairman FBR briefed the Minister on the different proposals prepared in consultation with the stakeholders and the relevant Ministries.

“With this budget people of Pakistan will acknowledge the development oriented approach of the PML-N government. We have tried to incorporate the suggestions from different sections of the economy in this budget and this is the most appropriate time to boost investment in areas which have the potential to grow at an exponential rate when the interest rates are historically low and we have more space available for encouraging the development works”, he remarked.

Dar also directed FBR that the committee on PM’s Low Cost Housing Scheme should also be consulted and the positive input from their side should also be included in the proposals before the budget is finalized.

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