Masses must be provided maximum relief in budget: PM

Shehbaz IMF

Prime Minister Shehbaz Sharif has directed the economic team of the government for providing maximum relief to masses in 2023-24 budget.

He ordered this while chairing a meeting held here on Tuesday to review arrangements made for the budget of upcoming fiscal year.

Premier Shehbaz Sharif said that all available resources should be utilized to curtail the financial destitutions of lower and middle class of the society in the wake of prevailing economic crisis.

The government’s economic team during the meeting briefed the prime minister about budget preparation besides the revised targets of tax collection for current fiscal year, and the proposed targets for next fiscal year.

After approval from the federal cabinet, the budget 2023-24 would be presented on June 9, the meeting was informed.

It was also informed that Pakistan’s economy was inching towards stability and the fiscal deficit was continuously declining.

Expressing satisfaction over the performance on economic front, Premier Shehbaz said that due to better economic policies, the country’s current account balance turned to surplus after several years and was showing surplus for last two months.