Finance Minister chairs meeting on budget preparations

Islamabad, May 17, 2015 (PPI-OT): Finance Minister, Senator Mohammad Ishaq Dar has formally approved presentation of national budget 2015-16 on 5th of June. As customary, the Economic Survey would be launched a day earlier i.e. 4th of June 2015. The Minister chaired a meeting here to finalize calendar of budget activities while also reviewing the fiscal and macro framework of the budget 2014-15 and projected numbers for the budget 2015-16.

The Minister was apprised that budget strategy paper would soon be shared with the Parliamentary Standing Committee on Finance and Revenue before submission to the Cabinet. The Minister issued instructions for holding meeting of the Economic Advisory Council on Monday with an aim to receiving useful suggestions and inputs for the next budget.

The Minister said that he held a useful meeting with the Tax Advisory Council on Friday seeking useful inputs about the budget which were basically focused on taxation and would likewise meet stakeholders from other economic spheres obtaining their opinion on budget 2015-16.

The Finance Minister today reiterated that interest of the public at large would be accorded top priority while finalizing the budget. The Minister on this occasion also lauded the dedicated work undertaken by the Tax reforms Commission and added that its recommendations would be incorporated in the budget.

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