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No supplementary grant approved during two months: Firdous

No supplementary grant approved during two months: Firdous
September 16, 2019
ISLAMABAD (92 News) - Special Assistant to Prime Minister on Information and Broadcasting Firdous Ashiq Awan said that no supplementary grant was approved during the two months. In a series of tweets on Monday, the government has reduced its expenditures. “No supplementary grant was approved during the two months, and the government saved 246 billion rupees due to appreciation in the currency value during the last few weeks,” she explained.
Govt's steps for prosperity yielding results
Firdous Ashiq Awan said that the government’s steps for prosperity of people and national development have started yielding results. She said the government is implementing the agenda of economic reforms under the leadership of PM Imran Khan and taking measures to improve economic condition of the country. “Enhancement of tax revenue and reduction in fiscal deficit are our priorities,” she added.
6,00,000 new tax filers added to FBR
The special assistant said the government collected 580 billion rupees tax in the first two months of the current fiscal year against 509 billion rupees in the corresponding period last year. She said six hundred thousand new tax filers have been added to FBR. She said credit for this success goes to Prime Minister Imran Khan, who for the first time turned tax revenue collection into a national movement.
Rs70bn received from two cellular companies
“It is for the first time that income of the national kitty, not of rulers, is increasing. This is good news for the country and the nation,” Firdous Ashiq Awan said. She said 70 billion rupees have been received from two cellular companies under license fee, and another 70 billion rupees are expected to come from another cellular company. “As a whole, 200 billion rupees will be received from this sector,” she maintained.
73% reduction in current account deficit
The special assistant said 73 per cent reduction in current account deficit is a major achievement. She said there has been a significant increase in exports and decrease in imports. “The government is striving to promote economic activities and facilities the business community,” she added.
Govt to collect one thousand billion rupees non-tax revenue
She expressed hope that the government will be able to collect one thousand billion rupees non-tax revenue this year, which includes two hundred billion rupees from cellular companies, four hundred rupees from profits of State Bank of Pakistan and three hundred rupees from privatization of Re-gasified Liquefied Natural Gas plants.