Federal govt to present mini budget on Wednesday
Business
Federal govt to present mini budget on Wednesday
LAHORE (Dunya News) – Federal government has announced to present mini budget on Wednesday in the National Assembly.
Speaking exclusively in Dunya News program “Dunya Kamran Khan Kay Sath”, he said Federal Minister for Information and Broadcasting Fawad Chaudhry said that the mini budget will be presented in the National Assembly on Wednesday.
He said that the government is in talks with the IMF to secure loan, adding that the conditions of the international lender will be clear.
To a question regarding opposition’s protest, Fawad Ch said that the opposition talks like this whenever government has to present budget, adding that they must tell if they have any option other than IMF.
“The government is bound to approach the IMF due to the problems created by Asif Zardari and Nawaz Sharif,” he said.
Fawad Chaudhry went on to say that the whole world is facing inflation at the moment and the pressure of inflation is on the governments, adding that our economy is growing at 5% today, while the big companies have earned more than $1000 billion.
The minister further said that there is inflation for the salaried class but in general, the situation is not so bad, adding that defeat in election was not because of inflation but due to shortcomings in politics. He said there is pressure of global inflation on salaried class and there is no inflation for rural people, while cotton production is 44% higher.
The minister said Pakistan is much better position today than three year ago and the economy is in the right direction and the sales of tractors, motorcycles and cars have doubled. “The salaries of the salaried class should be increased.”
“Instead of returning tomorrow, former prime minister Nawaz Sharif should return to Pakistan today,” the information minister and added the whole family is put in jail if someone steals a motorcycle but Shahbaz Sharif is a guarantor of his brother, he should be put in jail tomorrow.
Regarding relations between civil-military leadership, Fawad Chaudhry said there was no change in the relationship, adding that relationships are still in the position today they were 3 years ago.
