Finance Minister Ishaq Dar on Friday unveiled a Rs14.46 trillion budget for the fiscal year 2023-24 with "no new taxes" and aiming to grow at a cautious rate of 3.5%.
However, the federal government also took some relief measures in the budget as the nation suffers from back-breaking inflation.
|Areas of interventions ||Allocation in Rs billions |
|PM initiative for solar tubewells||Rs30 billion|
|PM youth program for small loans ||Rs10 billion|
|Pakistan endowment fund for education ||Rs5 billion|
|PM initiative for IT startups and venture capital ||Rs5 billion|
|PM initiatives for women empowerment||Rs5 billion|
|PM laptop scheme ||Rs10 billion|
|PM green revolution ||Rs5 billion|
|PM youth skill development ||Rs5 billion|
|Other initiatives (sports and hepatitis C control program) ||Rs5 billion|
|Total ||Rs80 billion|
The federal cabinet increased the salaries of government employees up to 35%.
In some US states, a family of four needs at least $100,000 to get by; find out
"President Erdogan called on Tesla to establish its seventh factory in Turkey," Turkish officials said
Bernie argues that if technological advancements result in increased productivity, benefits should be shared with...
UAW strike began just after midnight on Friday following failed last-minute negotiations before the contract's...
Petrol price rises to Rs331.38 per litre
On Sept 7, PIA had grounded five out of its 13 leased aircraft due to prevailing financial crunch