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 Preparations to bring mini-budget through government ordinance

Gas and electricity prices will also be increased

Usman Khan 22 hours ago

To meet the conditions of the IMF, the government has started preparations to bring mini-budget through ordinance.

The government's efforts to improve the economic condition of the country and restore the IMF program are ongoing, in this regard, the government has decided to bring a mini-budget of more than 175 billion rupees in the same month.

Finance Minister Ishaq Dar has told Prime Minister Shehbaz Sharif about the entire situation and measures in a briefing.

The mini-budget brought by the government will be implemented in the form of an ordinance. The IMF has also been taken into confidence on the proposed mini-budget.
Various taxes of more than two hundred billion rupees including flood levy will be imposed in the mini budget.

The Ordinance will impose a flood levy of up to 3% on imported raw materials and furnished items. A flood levy is also likely to be imposed at the local level along with a 1 percent flood levy on zero customs duty imported goods.

The Ordinance will impose a flood levy of up to 3% on imported raw materials and furnished items. A flood levy is also likely to be imposed at the local level along with a 1 percent flood levy on zero customs duty imported goods.
The Ordinance will impose a flood levy of up to 3% on imported raw materials and furnished items. A flood levy is also likely to be imposed at the local level along with a 1 percent flood levy on zero customs duty imported goods.

Apart from this, gas and electricity prices will also be increased. The implementation of the proposed mini-budget will also begin from February 1.

All classes will have to bear the burden
On the other hand, Minister of State for Finance Ayesha Ghos Pasha has said that the government wants to restore the IMF program as soon as possible.
Ayesha Ghos Pasha said that hard decisions will have to be taken to restore the IMF program, all sections will have to bear the burden.

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