The Pakistan Tahreek-i-Insaf led government will present its first Federal Budget for the fiscal year 2019-20 in National Assembly in Islamabad on June 11. Main focus in the budget would be on fiscal consolidation, revenue mobilization while the government is likely to enhance allocations for social safety net for providing maximum relief to vulnerable segment of the society.
Prime Minister’s Special Assistant on Information and Broadcasting Dr. Firdous Ashiq Awan says presenting a people and poor friendly budget is the top priority of the government. Addressing a news briefing in Islamabad on Sunday (June 9) , she said the upcoming budget will be the first financial document of the PTI government prepared to ensure sustainable economy. She said the budget will present a long term way forward to set economic goals for the next five years.
“The trend was first set by the Pakistan Army. They froze their annual [budgetary] increase. They decided that the officers placed on high ranks will not avail increased perks, privileges and salaries and that the budgetary benefits will be transferred to their lower ranking officers of up to Grade 16″.
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