ISLAMABAD: Former finance minister Asad Umar hits out at PTI governmentover budget 2019 discrepancies.
Former finance minister Asad Umar on Thursday criticised measures taken bythe Pakistan Tehreek-e-Insaaf (PTI) government in the federal budget,asking it to reconsider taxes imposed on essential food items.
Speaking on the floor of the National Assembly, Umar expressed reservationson the first federal budget presented by his own party’s government.
“Tax on sugar has been raised. Prices of sugar have already risen at analarming rate, and I think this should also be investigated,” said theformer finance minister, adding that it was inapporiate to raise tax onsugar when price had already risen at an alarming rate.
“This tax is not appropriate; I think this should be withdrawn. And Ibelieve it should also be investigated why sugar prices are rising at sucha rate,” he said.
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The former finance minister further urged the PM’s Adviser on Finace DrAbdul Hafeexz Sheikh to take back taxes on edible oil and ghee.
Umar said there were several problems in the economy that have been therefor a long time.
