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Overview of Federal Budget 2018-19

ISLAMABAD: The federal government on Friday announced the budget for the fiscal year 2018-19 with a total outlay of Rs 5.93 trillion as against Rs4.75 trillion for the outgoing year. “The GDP growth rate was 5.4pc last year, which has now grown up to 5.8pc -- the highest in 13 years. Today we are the 24th largest economy in the world. In the last five years, inflation has been kept below 5pc which was up to 12pc when we took over. The budget deficit will remain restricted to 5pc this year," newly-appointed Finance…