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Wednesday, June 19, 2024

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Prime Minister convened a meeting on the budget yesterday

 

Knowledgeable sources have told Roznama Jang that Prime Minister Shehbaz Sharif will meet tomorrow at Jati Umra to discuss next year’s budget.

The government’s financial team has been asked to attend this significant meeting. Where they will examine proposals for the upcoming fiscal year, according to Roznama Jang. The proposed budget will be explained in detail by the economic team. Who will highlight its key points and factors before Prime Minister Shehbaz Sharif?

The prime minister is expected to give specific instructions on the budget to his economic team and underline the need for steps aimed at providing relief to people. Especially those hit hardest by inflation. He wants measures adopted in order not only to mitigate their hardships but also to stimulate the growth of the national economy through such investments as may reduce poverty levels, among other things.

Key Ministers to Attend Budget Meeting at Jati Umra

Ministers from different government departments are scheduled to be present during this event. Which includes, among others, Finance Minister Muhammad Aurangzeb, Petroleum Minister Musadik Malik, Power Minister Owais Leghari, Commerce Minister Jam Kamal and Industry. Production Minister Rana Tanveer Hussain, reflecting on a holistic approach towards tackling various sectors of the economy within upcoming budgets.

Federal Minister for Economic Affairs Ahsan Iqbal as well as Foreign Minister Ishaq Dar, are likely participants. Given the importance attached to integrative characterising our country’s long-term development plans that take cognizance of international realities while addressing internal challenges, including those related to sustainable peace-building process toward prosperity realization globally.

The meeting at Jati Umra is an indication of government commitment towards inclusive, responsive budgeting processes. By bringing together key ministers with experts on finance matters. It is hoped that Prime Minister Shehbaz Sharif will ensure fiscal prudence besides supporting economic growth. The welfare enhancement through public investments.

Key areas expected to receive attention in the next budget include job creation initiatives. Infrastructure development projects, anti-inflationary measures, as well social protection schemes targeting vulnerable groups.

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