Government’s decision to present the budget for the next financial year on June 9 – Daily Sama Newspaper
The government has decided to present the budget for the next financial year on June 9. According to the Ministry of Finance, the meeting of the Annual Plan Coordination Committee has been called on June 2 in connection with the budget for the financial year 2024-23 and the National Economic Council. The meeting will be held on June 3, which will be chaired by Prime Minister Shehbaz Sharif. In the meeting, the budget targets for the new fiscal year will be finalized, provincial authorities will also participate in both meetings, during this time, the National Development Program for the new budget will be discussed. It will be reviewed. According to the Ministry of Finance, 700 billion rupees have been proposed for the federal development program in the budget of the next financial year, but the Prime Minister can increase the federal development program to 1 thousand billion rupees. The Ministry of Finance says that in the future It is proposed to keep the total size of the budget of the financial year more than 14 thousand 600 billion and committees have also been established to give relief to the people in the budget. In addition, the target of economic growth rate for the next year should be more than 3 percent. It is suggested that the current fiscal year GDP growth is estimated at 0.29 percent.