Opinions 2013–14 Pakistan federal budget

1 opinions

1.1 commercial , public opinion
1.2 criticism
1.3 adjustments

opinions
commercial , public opinion

responding budget, dr. farrukh saleem hailed budget , termed historic budget , large portion of budget related towards development of country s civil sector, higher education, highway infrastructure, , electricity sector. spending on governmental infrastructure drastically reduced 45.5% , prime minister s secretariat had voluntarily given ₨. 42 billion discretionary fund. according farrukh salim, budget had shown sign of political maturity in past governments had abandoned schemes—whether or bad—of predecessors.

the budget aimed fill ₨. 500 billion circular debt in state-owned enterprises first time since nationalization programme began in january 1972. budget deficit scaled down ₨. 2.2tn ₨. 1.6tn increasing investment-to-gdp ratio 20.9% increasing international reserves 100% , keeping inflation in 6.3%.

the main focus of budget increase spending on higher education, allocation of ₨. 57.1 billion , 50.0% jump in number of scholarships. dr. farrukh saleem maintained: our minister of finance may not make favourable headlines, has made history. document has presented makes him dreamer , artist —two in one. intelligent once said, “an artist dreamer consenting dream of actual world.

criticism

the budget criticized on increase in gst , zero-increment on salaries of government personnel. pro-leftist mqm rejected budget new 2013–14, terming burden on masses. addressing press conference @ 9 0 secretariat, mqm s convener dr. farooq sattar said increase of general sales tax (gst) merciless step low-income class people. dr. sattar said no measures taken provide relief poor masses. further said first priority of government should eliminate electricity loadshedding in country, but, added no steps taken in regard. mqm leader said pml-n government failed introduce policy bring looted money. while criticizing government, sattar said money should allocated in budget counterterrorism efforts.

schools teachers , educators on other hand, describe budget budget worst in history of pakistan . punjab based sst teachers association lashed out @ government providing no incentives government employees, including teachers, in budget. sst teachers association criticised government not making increase in salaries of government employees. according sst teachers association, first time in country s history government employees have been totally neglected. sindh based apta association appealed pml(n) reconsider budget policy fixing minimum salary of workers @ ₨. 18,000. salaries of government employees should increased in accordance prevailing price hike, demanded. sindh-based apta association quoted apta association, punjab teachers association, launch protest movement against government.

adjustments

after severe criticism public, adjustments carried out finance minister ishaq dar , announced raise salaries of government personnel 10.2% following recommendations of committee tasked review feasibility. review budget, finance minister ishaq dar had constituted review committee review possibility of increase in salaries of government employees.

initially, committee proposed 7.5% raise in salaries, however, dar said government has increased 10.1%. senator dar said raise in salaries of government employees effective 1 july.