Budget 2023-24 promises to turn things around: PM Shahbaz

Government of PakistanBudget 2023-24 promises to turn things around: PM Shahbaz

ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has said that while experts are analyzing the various facets of Federal Budget 2023-24, I consider it important to highlight the special emphasis the government has placed on the growth-inducing sectors in the budget.

In a Twitter statement on Monday, the prime minister said that the measures announced in the budget for the uplifting of information technology, agriculture, solarization, youth development and other sectors were proposed after thorough deliberations.

The measures are aimed at incentivizing innovation & entrepreneurship of our talented youth and boosting productivity of agriculture and attracting investment in the agro-industry, he said.

At the same time, the prime minister added, the government is working on a solarisation initiative to replace the costlier sources of power generation by harnessing the vast solar power.

Shahbaz Sharif said that affordable energy is key to economic growth and the provision of relief to the people. The procurement of crude oil from Russia is also part of the energy security plan, he added.

“The point I am making is that despite constraints imposed by domestic and global circumstances, Budget 2023-24 promises to turn things around and has outlined a clear path for this purpose,” he said.

The prime minister said that achieving economic self-sufficiency remains the overarching goal where the economy is insulated from the external turbulence and shocks.

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