Budget for next fiscal year will be tough, warns Faisal Subzwari

KARACHI (92 News) - Federal Minister for Maritime Affairs Faisal Subzwari has warned that the budget for the next fiscal year will be tough.

Addressing a ceremony on Wednesday, he said that each government getting the levy tax should reduce the petrol price. "Development expenditures are increasing at a fast pace. The prime minister has rightly called for a grand dialogue," he maintained.

The minister claimed that the government is providing jobs to 2,000 fishermen. "We have to further expand business to support the economy. We have clarified that the local bodies elections should be held after a fresh census," he added.

He said that the country is facing water shortage. "There is less water in the rivers and the tails are also receiving less water."

Subzwari thanked the World Bank and other partners for supporting the country for the blue economy. "We will have to pay attention to the blue economy," he added.