Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: ‘Pro-rich’ budget proposals based on IMF conditions: Khursheed Shah
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Business > ‘Pro-rich’ budget proposals based on IMF conditions: Khursheed Shah
Business

‘Pro-rich’ budget proposals based on IMF conditions: Khursheed Shah

Web Desk
By Web Desk Published June 9, 2015 3 Min Read
Share
SHARE

Islamabad: Leader of the Opposition in the National Assembly Syed Khursheed Shah on Tuesday called the PML-N budget for the upcoming fiscal year “pro-rich”, and said it is unlikely that revised revenue targets will be met.

Shah said the fiscal year 2015-2016 budget proposals were made on conditions placed by the International Monetary Fund.

He demanded a new National Finance Commission award, and for the government to divert more resources towards primary education and health.

The senior PPP leader censured the PML-N government for not ending load-shedding in the country despite promises to do so. “The government could not provide uninterrupted electricity supply to industries despite its commitment. That is why industrial growth has decreased,” Shah said.

He also pointed out that the government had missed targets in the agricultural and industrial sectors.

Shah drew the attention of the government towards the plight of farmers, saying due price should be paid for agricultural products.

He criticised the imposition of a tax on poultry feed, while exemptions were granted for spare parts of airplanes and large vehicles.

The privatisation policy of the government also came under fire, as Shah said the government sold Heavy Electrical Complex and HBL shares cheap.

However, he appreciated the government’s increase in allocation of funds for the Benazir Income Support Programme, Baitul Maal, and the launch of Metro Buses ─ while criticising the annual subsidy on Metro Bus Project. He also said the PPP would support government’s move toward de-politicising the Federal Board of Revenue.

The government’s revised revenue target was still not likely to be achieved, Shah said during the session.

The Leader of the Opposition said the PPP government, during its tenure, had faced many challenges including global recession, high prices of petroleum products and terrorism.

“The PPP government had given a 125 per cent increase in the salaries of the government employees in its last tenure. I urge the government to increase the salary of government employees by at least 25pc,” he suggested.

Shah called for an all parties conference to discuss the issue of rapid population growth.

Before initiating the debate on budget, Shah suggested parliament pass a resolution condemning the statement of Indian Prime Minister Narendra Modi in Bangladesh.

He said that Modi’s statement was condemnable, and the Foreign Officeshould play its role in this regard.

“Pakistan wants friendly ties with neighbours but India wants to challenge sovereignty of Pakistan,” he said.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

New Saudi Grand Mufti

Saudi Arabia Appoints Sheikh Saleh Al-Fawzan as New Grand Mufti

Aleema Khan CNIC blocked

ATC Directs to Block Aleema Khan’s CNIC and Passport

Justice Athar Minallah dissenting opinion

Supreme Court Judge Calls for Severe Punishment in Extra-Judicial Killings

Post Archives

More Popular from Photonews

Sohail Afridi CM KP
Khyber Pakhtunkhwa

KP CM Sohail Afridi Vows to Back Pakistan Army Against Any Aggression

2 Min Read
Gripen fighter jets Ukraine
World

Sweden and Ukraine Sign Deal for Up to 150 Gripen Fighter Jets

2 Min Read
Pakistan Afghanistan Ceasefire
PakistanTop News

Pakistan, Afghanistan Agree on Immediate Ceasefire After Doha Talks

4 Min Read
Sports

India vs Australia ODI Series 2025: Last Chance to See Kohli and Rohit?

The India-Australia ODI series kicks off on October 19, 2025, in Perth, and it might be…

October 18, 2025
Entertainment

LVMH Explores Sale of 50% Stake in Rihanna’s Fenty Beauty

Luxury goods powerhouse LVMH is exploring a potential sale of its 50% stake in Fenty Beauty,…

October 22, 2025
Entertainment

Megan Thee Stallion Drops “Lover Girl” Single: Fans Think It’s Klay Thompson Tribute

Megan Thee Stallion, 30, announced her new single "Lover Girl" on October 23, 2025, with its…

October 23, 2025
Tech

Tesla Recalls Over 63,000 Cybertrucks for Software Fix

Tesla is recalling 63,619 of its Cybertruck vehicles. The reason is a software problem that makes…

October 23, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?