ISLAMABAD: Federal Finance Minister Senator Muhammad Aurangzeb reiterated government’s commitment to reduce expenditures.
ISLAMABAD: Federal Finance Minister Senator Muhammad Aurangzeb reiterated government’s commitment to reduce expenditures and boost revenues as part of a comprehensive effort to strengthen the country’s economy on sustainable grounds.
This move is expected to significantly reduce expenditure and improve efficiency, adding, the Prime Minister has already announced the closure of Pakistan Public Works Department, a move that will help reduce the financial burden on the government. The minister also announced that airport outsourcing is being completed, with Karachi airport set to be handed over to the private sector by July or August this year, to be followed by Lahore airport.The government is committed to reducing losses and burdens on the federal government, and these measures are part of a larger effort to achieve this goal.
On revenue side, the minister emphasized the need to increase the tax-to-GDP ratio from 9.5% to 13% over the next three years, stressing that taxes are essential for running the country.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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