Federal Budget for next fiscal year 2012-13 to be presented Friday in National Assembly

Islamabad, Federal Finance Minister Dr. Abdul Hafeez Sheikh will present the Federal budget for the next financial year 2012-13 tomorrow Friday in the National Assembly. PPP-led coalition government is the first which would present the fifth Budget during its tenure.

The budgetary proposals include the creation of one hundred thousand jobs, special measures to address energy crisis, construction of water reservoirs and infrastructure across the country.

No new tax is being imposed in the Budget and relief would be given to the masses. Government employees are also expected to get raise in their salaries.

Copy of the Finance Bill for fiscal year 2012-13 will also be presented before the Senate on Friday evening for detailed discussions in both the houses of the parliament on the budgetary proposals.

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