Finmin implies a decrease in financial wage burden on the upcoming budget

• Finmin highlights positive economic indicators.
• Expresses the commitment to support the construction industry.
• Swear to secure gambling activities in real estate.

Finance Minister Muhammad Aurangzeb has announced plans to reduce the financial burden on the order of employees in the upcoming budget on Sunday.

His observations came days after thousands of government officials who organized a protest demonstration in Islamabad, demanding withdrawal of pension reforms and increasing pay and benefits.

During his interaction with journalists in Lahore, the finance minister underlined positive economic indicators, including the increase in vaccination missions to 35 million and the increase in Roshan digital account inflows.

Aurangzeb underlined the vital role of the private sector in driving the country’s financial progress, stating that foreign exchange reserves were steadily increasing, Radio reported.

The minister also expressed his commitment to support the construction industry, while ensuring gambling activities on real estate.

One day earlier, the financial tsar said that the government’s move to expand the tax base has reduced the burden on the national finance ministry.

Speaking to Faisalabad, the economic tsar has confirmed that Pakistan’s economy is moving towards improvement, driven by basic reforms.

Aurangzeb stressed that a lower policy rate has also benefited business owners and continued economic stability measures have delivered positive results. He also reiterated that inflation has been reduced to single -digit, providing relief from the public.

The finance minister stressed that recent tax reforms had significantly increased the revenue collection. Facing concerns about seeking assistance from the International Monetary Fund (IMF), he noted that sustainable governance cannot rely solely on charity, emphasizing the importance of a strong economic framework.

Aurangzeb further emphasized the need for public and private cooperation to promote economic development, stating that cooperation is vital to long -term progress.