“The government has allocated maximum funds for development projects,” he noted. “The federal government has taken positive steps to develop the national economy and has to give maximum relief to the industrial sector to achieve the objective.”He appreciated the government for allocating maximum funds for education, agriculture, livestock, and energy. He emphasised that after proper reforms, the current account deficit would fall from $12 billion to $7 billion. “The government has allocated Rs100 billion for dams and water projects, which will help get rid of water scarcity and generate cheap hydel power,” he pointed out. He noted that the government had introduced innovative tax reforms to ensure that the rich paid the taxes while low and middle-income groups were given relaxation.

Source: The Express Tribune June 13, 2019 03:11 UTC