- Finance minister says new budget will bring incentives for betterment of economy and generation of employment opportunities
Federal Minister for Finance Senator Ishaq Dar chaired a meeting at the Federal Board of Revenue (FBR) on Monday to discuss budget proposals for the upcoming financial year 2015-16.
The minister had a detailed discussion with the FBR team on proposals related to the different sectors of the economy. The FBR chairman briefed the minister on different proposals prepared in consultation with the stake holders and the relevant ministries.
The minister said that this budget will bring encouraging incentives for the betterment of the overall economy and for generation of employment opportunities.
“With this budget, people of Pakistan will acknowledge the development oriented approach of the PML-N government. We have tried to incorporate the suggestions from different sections of the economy in this budget and this is the most appropriate time to boost investment in areas which have the potential to grow at an exponential rate when the interest rates are historically low and we have more space available for encouraging the development works,” he said.
The minister also directed FBR to consult Committee on PM’s Low Cost Housing Scheme and include their input in the budget proposals.
