budget 2019-20

Pakistan beats IMF forecast of Rs3.9tr or 9.2% of GDP

Ironically, the FBR is not to be blamed here. The problem instead lies in the unrealistic target.

Draft report cuts country’s ranking on almost all fiscal management-related indicators

On the economic front, the government should unlock the potential of the cities

Ask govt to withdraw 17% sales tax; requirement for buyers CNICs and stop harassment by FBR

Businesses, including those of street vendors, now need to be registered with NADRA

Traders will also participate in rally on Tuesday to get demands heard

Govt gives less importance to education and health, cuts allocations

Tsunami of change has transformed into a ‘storm of inflation’ in just 10 months

Opposition members protest against ‘anti-people budget’, wear black armbands

Senior provincial leaders of PTI have decided not to adopt any leniency inside or outside the assembly

Claim govt’s economic policies have failed which is why the budget was presented for ‘surplus’ years

PML-N chief says Rs600b debt added in last 24 hours

Says budget FY20 sets direction for economic stabilisation

Opposition lawmakers warn against increase in poverty and crime

Say it will discourage production, counter govt’s policy of boosting cotton trade

Recommends fixing of exchange rate at Rs151 to a dollar, interest rate at 9%

The august house looked like a wrestling arena during the all-important budget session

Continuing down the path of underfunding critical sectors does not bode well for Pakistan

Firdous claims the opposition playing politics to defame the government

Shehbaz opens budget debate; warns proposed taxes may lead to bloody uprising

Also imposes tax on educational institutions, hospitals and fitness centres

Treasury, opposition benches take to criticising the other's party leadership and policies

Bilawal says MQM-P and PML-Q support opposition’s stance on production orders

Once again Shehbaz’s budget speech interrupted by treasury members

Officials need to maintain professionalism and refrain from premature public statements

Opposition calls for increasing direct taxes, reducing indirect taxes

Shehbaz’s claim that hundreds are dying of hunger infuriates treasury members

Says people who pushed nation in a debt trap be treated as ‘national criminals’

Buledi to present finance bill on June 19; 900 new vacancies to be announced in health dept

Punjab allocation not enough for entertainment industry

Funds are earmarked for the construction of 63 colleges across Punjab

Rs595 million of Rs1 billion allocated for 13 new schemes; Rs405 million for completion of four ongoing schemes

Rescue services given Rs800m, far less than outgoing FY

Sindh sets sales tax collection target at Rs145b for next fiscal year

Amount includes Rs4.7 billion in foreign assistance

Ten more services added to provincial taxation network

Shehbaz Sharif could not start debate on budget due to continual interruptions

The shortfall in targets had mainly to do with the economic slowdown resulting from a host of issues

Imran Khan has failed to come good on the many promises he had made to the people

There is no reason not to take these statements at face value

Food minister says provincial allocations will also be enhanced to Rs50b

The Punjab government will aim to generate a revenue of Rs15 billion

Car manufactures sold 21,813 units in May last year

It is nearly half the amount taken by PPP govt in its full five-year tenure

Businessmen forewarn of economic devastation

President Alvi says the dream of a golden tomorrow to materialise with development in the education sector

Increase in rates and new slabs means tough time ahead of middle class

Earlier, cabinet decided to make health levy part of Finance Bill 2019

Govt looks for magic number to have budget passed