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budget 2018

Federal government is all set to present its sixth consecutive budget for the next financial year. Expected outlay of over 5 trillion rupees will be presented in budget 2018

Adviser to Prime Minister on Finance Miftah Ismail will present the budget.

The finances will cognizance on enhancing economic growth, maintaining financial field, decreasing non-development expenses and boosting exports besides providing relief to the masses, selling funding for process creation and treading human beings pleasant guidelines for overarching socio-financial prosperity.

the primary cognizance inside the budget can be on infrastructure and human asset improvement while the administration is potentially to upgrade assignments for social assurance net for giving most easing to the vulnerable period of the general public, said the notice.

at the business feature, the authorities could present measures for acquiring improvement tax accumulation, widening the tax base, and encouraging taxpayers, true blue resources said and contended that tough deals age could play an imperative position in achieving objectives for economic boom

Augment in budget allotment by 98% to strengthen IT segment

ISLAMABAD: Pakistan's government has assigned an amount of Rs3046.325 million in favor of six developing projects and new ventures under Information Technology and Telecommunication Division for FY 2018-2019 in the Public-Sector Development Programme (PSDP). The financial amount intended for an enlargement  project of Information Technology and Telecommunication for the year 2017-2018 was Rs1538 million. According to sources, it is stated that the budget augmentation by almost 98% than previous year is mainly for the…

NA speaker directs PTV to air live all budget speeches

ISLAMABAD: Speaker National Assembly Sardar Ayaz Sadiq on Friday instructed Pakistan Television Corporation (PTV) to air live all budget speeches of Opposition and treasury members. Speaking in the House, the Speaker said, “All budget speeches will be telecast live so people can watch their political leaders”. Earlier, speaking on point of order, leader of the Opposition Syed Khursheed Ahmed Shah alleged that ministers were not giving due respect to the Parliament and usually remained absent from the proceedings of the…

WATCH: Murad Saeed says he was verbally abused during budget session

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) MNA Murad Saeed has said that he was verbally abused by PML-N's Abid Sher Ali during Friday's budget session which infuriated him and led to a ruckus in the National Assembly, ARY News reported.  A video of Murad Saeed lunging towards Abid Sher Ali during the National Assembly session went viral on social media on Friday. The scuffle occurred when Finance Minister Miftah Ismail was presenting the federal budget for the financial year 2018-19. "They verbally abused people,…

Full text of Finance Minister Miftah Ismail’s budget speech

ISLAMABAD:  Newly appointed Finance Minister Miftah Ismail on Friday presented the budget for financial year 2018-19 during a National Assembly session here on Friday. HERE IS THE FULL TEXT OF HIS SPEECH Bismillahir-Rehmanir-Rahim Mr. Speaker, 1. It is my honour to present today the sixth budget of the PML(N) government to this Parliament. It is indeed a historic moment for the nation and the Parliament to celebrate. Despite challenges, we have achieved a highest growth in thirteen years, low inflationary environment,…

Govt presented budget to influence 2018 polls: PTI

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) on Friday claimed that the Pakistan Muslim League Nawaz (PML-N) government presented the federal budget for the fiscal year 2018-19 to influence the coming general elections.  Speaking to ARY News shortly after the budget speech by Finance Minister Miftah Islamil in the National Assembly, PTI spokesman Fawad Chaudhry said the budget presented by the incumbent government has no value in the eyes of the law. He said as per Article 86 of the Constitution, the government should…

Targeting 6.2pc GDP growth, govt unveils historic sixth budget

ISLAMABAD: Newly-appointed Finance Minister Miftah Ismail has announced the federal budget for the fiscal year 2018-19 with a total outlay of Rs 5.9 trillion as against Rs4.75 trillion for the outgoing year. According to the budget estimates, the target of tax collection for the next financial year is fixed at Rs4450 billion, with the estimated 15 per cent increase. During his speech, the minister said: "The GDP growth rate was 5.4pc last year ─ it has now grown to 5.8pc, the highest in 13 years," he recalled.…

Bone-tickling updates of budget 2018

DISCLAIMER The posts on this page are categorized as satire just to make budget news for you less tiresome and more of a fun. These are all fake updates and any resemblance will be purely coincidental. . . Welcome to the updates ;) . . 5.15pm - PML-N announcing the 'people-friendly' budget  5.28pm - Opposition holds "high-level" meeting before the budget session 5.53pm - Evidence: Karachi continues to be neglected in every budget!  …

Govt has no right to present year-long budget: Khursheed Shah

ISLAMABAD: Opposition leader in the National Assembly Syed Khursheed Shah on Friday said that the Pakistan Muslim League Nawaz (PML-N) government has not right to present the year-long budget for the financial year 2018-19 at a time when its tenure is ending on May 31. Speaking on the floor of the assembly, Shah said: “The incumbent government’s tenure is going to end on Mary 31 and there are no two opinions in this regard. The government should have presented a budget for one quarter for the interim period until the next…

PML-N govt expands cabinet at fag end of five-year term

ISLAMABAD: With thirty-four days before its five-year term comes to a close on May 31, the ruling Pakistan Muslim League Nawaz’s (PML-N) five leaders took oath as ministers.  Marvi Memon, Marriyum Aurangzeb, Anusha Rehman and Dr Tariq Fazal Chaudhary took oath as federal ministers, whereas Leila Khan was sworn as the Minister of State. President Mamnoon Hussain administered the oath to them. Earlier in the day, Adviser to Prime Minister Miftah was sworn in as the new federal minister for Finance, Revenue and…