Govt likely to present next fiscal year budget in June
The $1.5 trillion budget, reflecting an 8% increase in base funding from this year, marks a sharp contrast with the goals of Biden’s predecessor, Donald Trump
It is pertinent to mention here that the Supreme Court (SC) had directed the federal government to make 30 new accountability courts functional within a month.
The Ministry of Finance has announced to present the budget for 2021-22 during the first week of June.
After a five-year term of Waseem Akhtar-led local government concluded the local government is being handed over the property tax funds.
The term spanning over 1460 days failed to deliver on its promises and duties as people of Karachi longed for basic facilities throughout their rule.
“We have given the best budget in difficult times,” said the prime minister.
Federal Ministers holding a press conference on Sunday rebutted a a press conference held earlier in the day by the opposition rejecting the annual budget.
Pakistan had to suffer losses of upto Rs 900 billion in terms of tax revenue due to the virus outbreak. he said.