close
Friday April 26, 2024

Cabinet approves budget 2016-17 proposals

By APP
May 30, 2016

ISLAMABAD: The Federal cabinet on Monday approved budget and taxation proposals for the fiscal year 2016-17.

Prime Minister Nawaz Sharif chaired the meeting through a video conference from Pakistan High Commission in London.

The finance minister briefed the meeting about salient features of the budgetary proposals.

The cabinet prayed for the successful procedure and early recovery of the Prime Minister.

Earlier, the Prime Minister also chaired the meeting of National Economic Council that gave approval to the budget allocations of various sectors.