Govt. to present the budget on June 1: Hafeez Shaikh

Govt. to present the budget on June 1: Hafeez Shaikh

Islamabad: (Friday, May 18, 2012) Federal Minister for Finance, Dr. Abdul Hafeez Shaikh has said that the federal government will present the upcoming budget on June 01. He said the government will give priority to protecting the
poor.

The Minister for Finance shared this information while briefing the parliamentary committee on finance, chaired by Fauzia Wahab here in Islamabad, yesterday.

The second priority for the government in the forthcoming budget will be to bridge the budget deficit, Shaikh added further.

The minister said that the government was planning to reduce the number of income tax slabs from 16 to 5 in the next year’s budget.

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Posted by Fayyaz Yaseen on May 18 2012. Filed under Business, Pakistan. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry