ISLAMABAD, May 29 (APP): The upper house of the Parliament on
Monday started debate on Finance Bill-2017, containing the annual
budget statement, under Article 73 of the Constitution.
Participating in the debate, Senator Chaudhry Tanveer Hussain
said that Pakistan Muslim League (N) has presented an ideal and
balanced budget in the Parliament.
He said that due to prudent economic policies, the country is
moving in right direction.
He expressed the hope that if this pace of progress is continued,
the country would become a leading economy soon. He said that several incentives have been announced in the proposed budget to give relief
to the poor segment of the country.
He said that the government has achieved all targets set in last
year’s budget. He added it was the vision of the PML-N leadership
that now people from neglected areas including Balochistan are
satisfied with the policies of the government.
He said people of these neglected areas are happy on the
on-going development projects initiated by the government in
these areas under the leadership of Prime Minister Nawaz Sharif.
He said that China Pakistan Economic Corridor (CPEC) has
become an important project for entire country and all provinces
will get benefits of this mega project.
He congratulated Minister for Finance Ishaq Dar and his whole
team for presenting an ideal budget.
Participating in the debate, Senator Saleem Mandviwala stressed
the need to streamline the annual economic survey and make it more
accurate with regard to figures.
He said addotional steps should be taken for increasing credibility
of the finance bill.
He said that more incentives should be announced in the budget
for low salaried class and poor segment of the society. He added
more allocations should be made for health and education sector.
He said that steps should be taken for ensuring provision of
soft drinking water to the citizens besides overcoming energy
deficit issue.
He said that 10 percent increase in salary is not sufficient
and urged for sufficient increase in salary of government
employees.
He said that mechanism of tax collection should be strengthened
to collect more taxes in order to improve the economy of the country.
He said that the government should pay more focus on remittances to
generate foreign currency besides manpower.