General

Govt’s steps for prosperity yielding results: Dr. Firdous

Special Assistant to the Prime Minister on Information and Broadcasting Dr. Firdous Ashiq Awan says the government's steps for prosperity of people and national development have started yielding results.

In a series of tweets on Monday, she said the government is implementing the agenda of economic reforms under the leadership of Prime Minister Imran Khan and taking measures to improve economic condition of the country.

The Special Assistant said enhancement of tax revenue and reduction in fiscal deficit are our priorities.

She said the government collected 580 billion rupees tax in the first two months of the current fiscal year against 509 billion rupees in the corresponding period last year.

She said six hundred thousand new tax filers have been added to FBR.

She said credit for this success goes to Prime Minister Imran Khan, who for the first time turned tax revenue collection into a national movement.

Firdous Ashiq Awan said it is for the first time that income of the national kitty, not of rulers, is increasing. This is a good news for the country and the nation.

The Special Assistant said 73 percent reduction in current account deficit is a major achievement.

She said there has been a significant increase in exports and decrease in imports.

She said seventy billion rupees have been received from two cellular companies under license fee, and another seventy billion rupees are expected to come from another cellular company.

As a whole, two hundred billion rupees will be received from this sector.

She said the government is striving to promote economic activities and facilities the business community.

Firdous Ashiq Awan said the government has reduced its expenditures.

No supplementary grant was approved during the two months, and the government saved 246 billion rupees due to appreciation in the currency value during the last few weeks.

She expressed confidence that the government will be able to collect one thousand billion rupees non-tax revenue this year, which includes two hundred billion rupees from cellular companies, four hundred rupees from profits of State Bank of Pakistan and three hundred rupees from privatization of Re-gasified Liquefied Natural Gas plants.

Source: Radio Pakistan