Pakistan

Finance Minister claims the federal budget focuses on uplifting the poor

Finance Minister claims the federal budget focuses on uplifting the poor

Finance Minister claims the federal budget focuses on uplifting the poor.

He expressed these views, while addressing a post budget news conference in Islamabad on Saturday.

Finance Minister claims the federal budget focuses on uplifting the poor

Minister for Economic Affairs Khusro Bakhtiyar and Commerce Adviser Razaq Dawood accompanied him.

Finance Minister Shaukat Tarin said the budget 2021-22 also focuses on ensuring sustainable economic growth through incentives for various sectors including agriculture, industry and housing.

He further noted that to protect the vulnerable segments of the society remains main emphasis of the budget.

He said four million poor households, to be accessed through the Ehsaas Survey, will be provided with interest free business and farming loans.

Moreover, Tarin said the (govt would give) these households loans to build their own houses.

Besides, the (govt will give) health cards and one member of each family will get technical training.

The Finance Minister said incentives been given to uplift both the agriculture and industries which will increase employability.

He further noted the incentives in the industries not only textile specific but also extended to different sectors.

Tarin said taxes abolished to facilitate the investment of Chinese friends in the Special Economic Zones.

He was referring to SEZs under China Pakistan Economic Corridor (CPEC) project.

GTV

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