ISLAMABAD: The National Assembly session on-going right now where the Federal Budget for the fiscal year 2013-14 will be presented. Federal Minister for Finance Senator Muhammad Ishaq Dar will present the Budget 2013-14.

Federal cabinet  approved the federal budget and Federal Finance Minister Ishaq Dar presented 3.5 trillion  budget to the National Assembly. Finance Minister Ishaq Dar presented budget proposals before the House for approval.

 

Earlier‚ these budget proposals will be put for approval by the federal cabinet at its special meeting to be chaired by Prime Minister Nawaz Sharif.

 

A number of proposals are expected to be presented to resolve energy crisis‚ reduce government expenditure‚ and fiscal deficit and steps to revive national economy and enhance revenue collection.

The challenges faced by the new government in the due federal budget include abolishing circular debt, reviving the economy, huge fiscal deficit and increasing the revenue.

Enhanced by Zemanta

More news you might be interested in

Dual Policy on Drone, No More Says PM : Sharif ISLAMABAD: Prime Minister Nawaz Sharif said in categorical terms on Monday that the dual policy of issuing public statements against drone attacks whi...
Islamabad : 67% of parliamentarians failed to file...  ISLAMABAD: The report states that 67% of parliamentarians and 62% of ministers in the Federal Cabinet did not file their income tax returns.It has be...
Nawaz Sharif endorsed as Pakistan’s new prim... ISLAMABAD: Nawaz Sharif was endorsed as Pakistan's new prime minister on Wednesday, beginning an unprecedented third term with the country facin...
SHOES WITHOUT SOCKS’: P.M. ADVISES GOVT EMPLOYEES...   The caretaker government has ordered all air-conditioning in federal buildings to be turned off with effect from May 15, and remain so for the...
National Assembly committee approves death penalty... ISLAMABAD: The NA Standing Committee on Interior has approved the Criminal Law (Amendment) Bill 2014. According to the details, the session of the NA...

LEAVE A REPLY

Please enter your comment!
Please enter your name here