Finance Minister to address post-budget press conference today
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ISLAMABAD: Finance Minister Miftah Ismail will address a post-budget news conference in Islamabad this afternoon.
In his briefing, he will further explain the main features of the budgetary proposals for the next fiscal year.
Earlier, a relief laden and growth oriented budget with an outlay of 5246 billion rupees was presented in the National Assembly last evening.
It envisaged ten percent adhoc relief allowance for employees and fifty percent increase in their house rent ceiling and house rent allowance.
The Finance Minister announced to increase the minimum pension from the existing six thousand to ten thousand rupees considering the difficulties of low paid pensioners.
Similarly, family pension would also get increase from 4500 rupees to 7500 rupees.
Minimum pension of pensioners above seventy five years of age would be fifteen thousand rupees.
The government has also proposed an allocation of twelve billion rupees for provision of advances to government servants for house building and purchase of transport facility. APP/AFP
