Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    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
    Squid Game Season 3
    Videos

    Squid Game Season 3: Final Trailer Unveils Epic Plot

    June 14, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: ‘Pro-rich’ budget proposals based on IMF conditions: Khursheed Shah
PhotoNews Pakistan PhotoNews 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 *

Recent Posts

Trump Tariffs Rate Chart Trump tariffs China

Trump Signals No Tariff Pause Extension, Plans Letters with Trade Penalties

Pakistan China Regional Bloc

Pakistan and China Plan New Regional Bloc to Replace SAARC

Daniil Medvedev Wimbledon 2025

Daniil Medvedev Suffers Shock Wimbledon First-Round Exit to Benjamin Bonzi

Pakistan Stock Exchange

Pakistan Stock Exchange Hits Record High at 125,627 to Close Fiscal Year 2025

Meta AI 1 billion users

Facebook Requests Camera Roll Access for AI-Powered Story Suggestions in 2025

Post Archives

More Popular from Photonews

Jasmine Rae Hammond Shedeur Sanders
Entertainment

Who Is Jasmine Rae Hammond? Shedeur Sanders’ Rumored Girlfriend Revealed

2 Min Read
Karachi Rain
Sindh

Karachi Thunderstorm Triggers Widespread Power Outages

4 Min Read
Asia Cup 2025 Pakistan Vs India
Sports

Asia Cup 2025: India-Pakistan Match Likely Despite Tensions

3 Min Read
Sports

PSG Crushes Inter Miami 4-0 in Club World Cup, Advances to Quarter-Finals

Paris Saint-Germain delivered a commanding 4-0 victory over Lionel Messi’s Inter Miami in the Club World…

June 30, 2025
Offbeat

New MI6 Chief’s Grandfather Was Nazi Spy ‘The Butcher,’ Reports Reveal

On June 28, 2025, Blaise Metreweli, the newly appointed MI6 chief and the agency’s first female…

June 28, 2025
Entertainment

Justin Bieber’s Instagram Post Sparks Selena Gomez Drama and Fan Backlash

On June 20, 2025, Justin Bieber ignited a social media firestorm by reposting a video on…

June 25, 2025
Offbeat

Jeff Bezos and Lauren Collins Celebrate Wedding with Lavish Venice Parties

Jeff Bezos, the Amazon founder, and journalist Lauren Collins arrived in Venice, Italy, on June 25,…

June 26, 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?