Govt to achieve revenue collection target: Hafeez

315

KARACHI
Advisor to Prime Minister on Finance Dr. Abdul Hafeez Shaikh has said that better economic policies are the assurance of good economic and government is taking steps to strengthen and stable country’s economy. Addressing a seminar here on Friday morning, Abdul Hafeez Shaikh said that last government did not pay attention towards trade promotion and increase in exports. He said that we are facing internal and external challenges and government is focusing on reducing expenditure. He said increase the exports instead of import are focused in the budget and subsidies are being provided to increase the export. Hafeez Shaikh said that all out efforts are being made to achieve the target of 5500 billion rupees in revenue collection. He said that everyone has to pay the tax and government has ended the concept of non-filer in the budget of 2019-20. Shaikh said Pakistan Tehreek-eInsaf (PTI) inherited weak economy, and it is difficult to stabilize the Pakistani rupee at the moment. He added that the country was facing a debt of $97 billion. He maintained that the incumbent government is taking steps to strengthen and stable the economy by its better policies. The previous government did not pay attention towards trade promotion and increase in exports, he said. “Pakistan is facing internal and external challenges and the PTIled government is focusing on reducing expenses. The budget focused exports instead of imports and subsidies are being provided for this cause. “All out efforts are being made to achieve the target of 5500 billion rupees in revenue collection. Everyone has to pay the tax and government has ended the concept of non-filer in the budget of 2019-20.”

Comments are closed.

Subscribe to Newsletter
close-link