Federal Minister for Finance Shaukat Tareen has said that the low cost units offered by the government have proved to be beneficial for the overall output of the economy, especially for the export sector, and the pace of national development will be further enhanced in collaboration with the business community. Adopting a better strategy, the subsidy for the next budget will be allocated on the basis of actual consumption.
These views were expressed by the Federal Minister for Finance while presiding over an important meeting. The meeting discussed new tariffs for industry and export-oriented sectors in the forthcoming budget. The meeting was attended by Federal Ministers, Advisors and senior officials of the Ministry of Finance. The meeting discussed in detail the various modalities of discounted rates, the need to develop a database to link the tariffs and performance of subsidies, revenue, production and revenue generation, export-oriented sectors and industries. has been.
Addressing the participants of the meeting, the Finance Minister said that the low cost units offered by the government proved to be beneficial for the overall production of the economy, especially for the export sector, adding that the pace of development of the country would be further enhanced. ۔ The Finance Minister said that by adopting a better strategy, the subsidy for the next budget would be allocated on the basis of actual consumption. The meeting decided in principle that the growth of export-oriented sectors would be the main objective of the government. The industry should play its rightful role in the development of the country by using its full potential.
