Next govt plans ‘relief package’ for masses

Sources say first priority of upcoming govt will be preparation of economic agenda

KARACHI:

The leadership of the parties involved in the next coalition federal government, which is expected to be a PDM 2.0 style set-up, has decided to announce a relief package for the people after coming to power.

Informed sources, who are part of this alliance, told The Express Tribune that their heads will formally announce their priorities after the completion of the government formation process.

It was said that the first priority of the next federal government will be the preparation of the economic agenda for which Ishaq Dar, the expected finance minister, will be tasked to formulate recommendations.

The next government will engage in negotiations with the International Monetary Fund (IMF), with the aim of securing a new economic package and work out for extending the deadline of repayment of external loans.

Source said that according to the circumstances, China, Saudi Arabia and other countries will be approached for loans. Friendly countries will be invited to invest in various sectors for which a plan will be announced.

A relief package is also expected for the business community in the country. It was said noted that reforms would be introduced in the Federal Board of Revenue (FBR) whereas the tax net will be broadened.

Sources asserted that the foreign policy will be maintained at a level of equality whereas the Afghan policy will be formulated in consultation with the state institutions, taking into account the country's situation. The government will endeavour to maintain improved relations with all the countries, including the United States.

It was also mentioned that trade connections will be strengthened, and decisions regarding economic affairs will be made in consultation with the Special Investment Facilitation Council.

After the formation of the next government, Shehbaz Sharif, who is expected to be the next premier, will make decisions on all national and economic issues in consultation with the military leadership.

Sources indicated that the upcoming federal government would continue the state policy aimed at eradicating terrorism from the country, adding that negotiations with those who acknowledge the state's writ could be carried out based on the prevailing circumstances.

The dialogue process with all the parties will be conducted for the improvement of the political environment. Those who disrupt peace and harmony will be dealt with according with the law.