A budget of 18 thousand 877 billion rupees has been presented for the financial year 2024-25

Islamabad:

A budget of 18 thousand 877 billion rupees containing a deficit of 8500 billion rupees has been presented in the National Assembly for the next financial year, an increase of 25 percent in the salaries of government employees and 15 percent in pension has been proposed, while the minimum salary has been increased from 32 to 37. 1000 is proposed.

The budget session of the National Assembly started 2 hours late under the chairmanship of Speaker Ayaz Sadiq. At the beginning of the session, the opposition members took photos of the founder PTI and started protesting in the House. Directed to present the budget.
Federal Finance Minister Muhammad Aurangzeb presented the budget of 18 thousand 877 billion for the next financial year. Estimated.

In the next financial year, 9775 billion rupees will be spent on interest payments on loans, 1014 billion rupees have been allocated for pensions, 1363 billion rupees have been allocated for subsidies, 2122 billion rupees will be spent on defense in the next financial year.

Federal Finance Minister Muhammad Aurangzeb while addressing the budget session said that it is a great honor for me to present the budget, this is the first budget of the coalition government, I thank the coalition parties.

The finance minister said that not long ago the economy was facing a difficult situation, inflation had reached such a level that people were rapidly moving towards poverty, delaying the IMF program could have created more difficulties. After that the uncertainty ended.

Mohammad Aurangzeb said that the reduction in inflation is not an insignificant achievement, the inflation will be further reduced in the coming days, the announcement of reduction in interest rate is a support for the efforts to control inflation.

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