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Development of agricultural sector, economic growth focused in budget: Dar

Federal Finance Minister Ishaq Dar said budget was presented by keeping country’s resources in view, whole attention was focused in the budget towards development of agriculture sector and economic growth while they tried to cover all sectors, foreign investment would increase through government’s financial policy.

While addressing to post budget conference in Islamabad, Ishaq Dar said they tried to cover all sectors in budget, Pakistan’s five biggest sectors have become zero, tax rate would reach to 15% in 2016 while tax refunds would be completely returned till August 30.

He added that increment in exports is important to become an economic power, 11% reduction was observed in exports which they are trying to increase, adding that special attention was given on farmers’ facility and development in agricultural department.However, loans in agricultural sector would be extended to 100 billion.