No new taxes in next federal budget, says Ishaq Dar

BusinessNo new taxes in next federal budget, says Ishaq Dar

 

Monitoring Desk: Finance Minister of Pakistan Ishaq Dar says Pakistan has said that his government will not impose new taxes in forthcoming budget.

According to state run Radio Pakistan, Dar said this while addressing a press conference in Washington.

He said that government of Pakistan is (was) making efforts to achieve the GDP growth target of over five percent this year and was hopeful to achieve seven percent GDP target next year.

Radio Pakistan reported Dar informed media men about his positive interaction with Afghan leadership. Dr was hopeful that his interaction with Afghan leadership would bring improvement in bilateral cooperation and relations between the both countries.

Responding to a question, he explained State Bank and SECP are (are) independent financial institutions and do not work under finance ministry. He said Pakistan is making impressive headway in financial & digital inclusion. He stated that foreign investments in Pakistan are 100% secure and return rates are highest in the region.

He said that common man and salaried class will be given maximum relief in the budget and no new big tax is being proposed.

Ishaq Dar is visiting United States to meltdown ice in US-Pak relations and busy in showcasing his country as an ideal destination for foreign investments.

 

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