Ishaq Dar unveils budget for fiscal year 2017-2018

Finance Minister Ishaq Dar is at the moment delivering the last budget speech of the current government. This budget may have a direct effect on the ruling party’s position in the upcoming elections.

The development budget for this year’s budget is 1.001 trillion which indicated the government’s commitment to development work in the country as it is 25% more than the last year’s allocation.

Now all eyes are towards the finance minister to see what he has planned to push the country’s economy and take Pakistan to the list of developed nations, a vision he has talked about during the unveiling of the Economic Survey 2016-17 on Thursday.

Many government run sectors are hoping to get incentives and concessions in the budget to help them cope with the challenges of modern times as competition gets stiffer day by day.

However, the government will target the prime minister’s pet schemes so that they can help them in their election campaign.

In an historic breakthrough, NA Speaker Ayaz Sadiq allowed the opposition leader Syed Khursheed Shah to give the opening remarks.