3rd budget of govt will turn wheel of national economy to betterment: PM

ISLAMABAD
Prime Minister (PM) Shehbaz Sharif has said the third budget of government will turn wheel of the national economy to betterment on fast track basis.
We are going to present third budget of our government. Several challenges were faced while making budget. We hope this budget will take ahead national economy fast, he said this while talking in the meeting of federal cabinet here Friday.
He said today’s meeting has one point budget agenda. We had to impose taxes on IMF demand in the previous budgets. We expanded the avenues of development. Inflation rate was reduced from 38 to single digit during two years. However the ratio of reduction in inflation could not stay intact due to Gulf tension. Policy rate was reduced from 22.50 percent to 11 percent. We will have to work hard day and night. The other economic indicators are before the nation. We will have to discharge our obligations honestly and earnestly.