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Pakistan Federal Budget 2015-16: Views of Politicians and Public

ISLAMABAD: The government of Pakistan Muslim League – Nawaz has successfully passed out the Budget 2015-16 yesterday (Friday June 6, 2015) of worth Rs. 4.451 trillion. By now, budget is only welcomed by the members of PML-N, Federation of Pakistan Chamber of Commerce and Industries, and Sarhad Chamber of Commerce and Industry (SCCI).

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Claim of improving education, health, government employees salaries and the relief to common man are not meet by the Nawaz’s government. A country that requires growth of at least 7% has announced salary increment just 7.5%. Minimum salary is fixed at 13,000 and the fact is that PML-N failed in previous year to met its committed target of providing minimum salary of Rs.12,000 in 2014-15. Inflation is at its peak point and the poor will have to fulfill their demands in Rs. 13,000.


In India, every year government call-on the pre-budget seminar three month before presenting the budget to consider the recommendations of other political parties. Unfortunately there is no such policy in Pakistan in this regard.


Education and health sector is neglected again. Only Rs. 71.5bn has been allocated for education and 20bn for health. A country whose population is 200 million plus will have to manage with Rs. 20bn (Rs.100 for each).

PML-N is currently facing the strong criticism. Federal Minster for Finance Senator Ishaq Dar has already admitted that we have been failed in achieving even mid-term targets of fiscal year 2014-15.

Syed Khursheed Ahmed Shah (Opposition Leader – PPP): This budget either talks about taxes or benefits the rich. It has nothing for the poor.

Shah Mahmood Qureshi (PTI): Govt. has neglected the education, health sector and government employees. There is no words for labour in government dictionary.

Jahangir Tareen (PTI): Termed the budget document “completely visionless” and “without ambition”.

Dr. Arif Alvi (PTI): FM Ishaq Dar did not mention that tax to GDP ratio declined from 10.2% last year to 7.5% in 2014 & inflation reduced due to petrol price drop.

Farooq Sattar (MQM): Elite community is blessed again. Highways and motorways budget is more than education and health budget..

Sheikh Rasheed Ahmed: Budget is for rich people on the name of poor.

 

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