Business News

Govt presented a balance budget: Miftah

ISLAMABAD, May 27 (APP): Chairman Board of Investment (BOI)
Miftah Ismail has said the Pakistan Muslim League-Nawaz (PML-N)
government presented a balance budget and provided relief to the
common man.
The government had allocated a huge amount for farmers,
construction of motorways and education, health and others sectors
in the budget, he said this talking to PTV.
He said the PML-N government had allocated a hefty amount for
farmers and curtailed sales tax besides duties on agricultural
equipments and others.
Miftah Ismail said the budget deficit was 8.2 percent in
2013 but it declined now to 4.2 percent due to prudent policies of the
PML-N government.
He said exports had increased as compare to the past and the situation
would be improved in coming months.
Efforts would be made for increasing investment and savings in
the country, he added.