Defending the budget presented by his government Friday, Prime Minister Shehbaz Sharif assured the nation that the finance bill will steer the country out of the “difficult” time that has been brought on by “recent years of economic mismanagement”.
“These are difficult times brought upon us by recent years of economic mismanagement. Through this budget, my government will steer our way out of these challenges by taking tough decisions while minimising the impact on vulnerable segments of the population,” said the premier.
In a Twitter thread, PM Shehbaz shared his thoughts on how the government was hoping to “shield financially weaker citizens from economic hardships” by taxing the “financially stronger people”.
“We have allocated billions of rupees for targeted subsidies. This amount is in addition to Rs344 billion allocated for Benazir Income Support Programme. Only deserving people to get the subsidy,” said PM Shehbaz. He added that the government has increased its employees’ salaries by providing a raise of 15% and merging the “ad hoc allowance in their basic pay”.