Budget of year 2013 to 2014 By PMLN will meet the expectations of general public but it will took some time and need some sacrifice from the public in the shape of tax paying. The observation of Finance Minister Ishaq Dar is right that the economy of previous year was running itself. His enthusiasm to put the agenda of PMLN programme of his party as Laptops, Ashiana and other housing schemes, Nandipur Power Project, M-4, 8 and 9, Karachi Circular Railway, Prime Minister’s Youth Training Programme, Prime Minister’s Youth Skills Development Programme, Small Business Loans Scheme, Fee Reimbursement Scheme for Less Developed Areas, Prime Minister’s Micro Finance Scheme, continued provision of funds for parliamentarians under a favoured name and the Ramazan Package. With all this, the development budget goes up by as much as 50 per cent.
A big issue of Budget the not increasing the salaries of Government employees also resolved. Finance Minister Ishaq Dar today announced a 10% increase in the salaries of government employees. The newly formed government had earlier decided against increasing the salaries of government servants for the first time in nearly three decades. Now, The federal government’s decision affects up to 650,000 federal employees and more than two million provincial government employees. The finance minister said that the new government has taken tough decisions because the aim is to move in the right direction from the very beginning. He said the government needs to ensure that GDP grows enough to support the swelling population.
The Finance Minister Ishaq Dar said the government will save Rs40 billion because of the cuts in expenditure and austerity measures taken in the latest budget.
The PML-N government announced it will not keep more than 40 ministries in order to curb expenses. Dar, in his speech, also announced that all discretionary funds