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PM decides to address nation regarding economic situation

PM decides to address nation regarding economic situation
June 21, 2019
ISLAMABAD (92 News) – Prime Minister Imran Khan has decided to address the nation regarding current economic situation of the country. According to the sources in PM’s Office, the prime minister will take the nation into confidence on the economic matters and talk on amnesty scheme launched by Pakistan Tehreek-e-Insaf (PTI) led government. It further said that the short message of PM Khan would be recorded on Friday (today) and it would be aired in the same day.
PM asks people to declare ‘benami’ accounts, assets till June 30
Earlier message to nation, Prime Minister Imran Khan has appealed to the people to declare their ‘benami’ accounts and assets till June 30.

In a special message on Monday, he urged the nation to benefit from the Amnesty Scheme and bring the people out of poverty to secure the future of their children.

He said that the government has the information, which the previous governments did not have. “We have to change ourselves if we want to become a great nation,” he said. The prime minister said that annually Rs 4,000 is spent on tax and Rs 2,000 billion on the installments of loans. “Pakistanis pay lowest tax across the world. Pakistan is among the countries that give highest donations.” He warned that no opportunity would be given after June 30. Prime Minister Imran Khan said that the nation can collect Rs 10,000 per year. Earlier, adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh has said that the tax amnesty scheme can be availed till June 30. He said that local and foreign hidden assets can be disclosed after paying four percent interest. “An interest of six percent will have to be paid for disclosing amounts abroad,” he announced. Hafeez Shaikh said that public office holders and their families will not be able to benefit the scheme. “Under the scheme, if a person brings his undeclared wealth to Pakistan from abroad, he will have to pay four percent fee on that amount. If he decides to put this money abroad, the penalty imposed will be six percent.” He said that effort had been made to implement the scheme seamlessly and it has been kept realistic. Replying to a question, Hafeez Shaikh said that Rs 16 billion would be earmarked in the next budget to subsidize the consumers using electricity up to 300 units a month. He said the budget of BISP will be increased to Rs 180 billion to help the poor.
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