Federal Budget 2017-18: Ishaq Dar announces good news for government employees

Federal Budget 2017-18: Ishaq Dar announces good news for government employees

WASHINGTON: Finance Minister Muhammad Ishaq Dar in a pre-budget discourse apprised media here that salaried class and common man would get maximum relief in the upcoming budget while dispelling considerations of drastic taxes.  

Addressing a news conference, he said that Pakistan was making an impressive headway in financial and digital inclusion by demonstrating a hope that GDP growth over five percent would be achieved during the current fiscal year.Forecasting a stable economy, Dar expressed confidence to achieve seven percent GDP growth in the country during next fiscal year.

Talking about government’s initiative to establish Pakistan Infrastructure Bank, the finance minister said that the bank would be established with a sixty percent stake of International Monetary Fund (IMF) while stating that Asian Development Bank (ADB) has also expressed its willingness to be part of the initiative.