Cabinet approves Budget Strategy Paper for FY 2018-19 to 2020-21
ISLAMABAD (92 News) – Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Federal Cabinet at Prime Minister’s Office on Tuesday.
According to a press release on Tuesday, the Finance Division presented the Budget Strategy Paper for Financial Years (FY) 2018-19 to 2020-21 and briefed about the macro-economic indicators of current FY 2017-18.
Secretary Finance briefed that the Budget Strategy for FY 2018-19 to 2020-21 is based on four broad targets, including sustained growth momentum, ensuring fiscal consolidation, managing balance of payments and ensuring debt sustainability.
It was informed that the recently announced Economic Reforms Package, including lowering tax rates, widening tax base, real estate reforms, local amnesty and tightening of foreign exchange regime, will help increase revenues and reduce deficit.
The prime minister emphasized that sustained income and revenue streams will benefit the country instead of obtaining loans. The Budget Strategy Paper was discussed at length by the cabinet and several cabinet members provided useful suggestions for incorporation in the upcoming budget proposals.
The cabinet approved Budget Strategy Paper for FY 2018-19 to 2020-21.
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔