Pakistan

No Additional Tax Burden on Common Man in Budget: PM Shehbaz Sharif

Islamabad – Prime Minister Muhammad Shehbaz Sharif has stated that the new federal budget does not impose any additional tax burden on the common man. He emphasized that salary increases and tax reductions will provide much-needed relief to salaried individuals.
In a statement issued by the Prime Minister’s Office, PM Shehbaz expressed satisfaction over the Pakistan Stock Exchange (PSX) reaching a historic high of 124,000 points, calling it a reflection of investor and business community confidence in the people-friendly budget.
The Prime Minister credited the budget as a starting point for Pakistan’s journey towards economic progress, adding that the Pakistani people have made significant sacrifices. “Alhamdulillah, the journey of national economic development has begun,” he said.
PM Shehbaz highlighted that improvements in inflation control, foreign exchange reserves, remittances, and exports have been achieved through the tireless efforts of the government’s economic team.
He further remarked that Pakistan’s recovery from the brink of default and the transition toward economic stability and growth is nothing short of a miracle. “This economic turnaround, driven by the dedication of our economic team and prioritizing Pakistan’s national interests, will be remembered in history as a remarkable achievement,” he concluded.
The Prime Minister called for collective efforts to further improve the lives of ordinary citizens and ensure inclusive growth.

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