Finance Minister Ishaq Dar is addressing a post-budget press conference in Islamabad.

At the outset of the presser, Dar expressed his intention to provide a comprehensive explanation of all aspects of the budget.

The minister stated that there is a customary practice of forming two committees within the FBR — one for business-related issues and the other for technical matters.

He said that the FBR chairman will obtain his approval on the matter, and the committees will be formed by Monday. “The purpose of these committees is to address any missed aspects and provide an opportunity for individuals with complaints or genuine recommendations to be heard and considered by the government.”

Dar described the budget as being different from traditional budgets, emphasising its focus on progress linked to economic growth.

He expressed the government’s aim to reverse all economic losses, adding “our first objective is to go back to achieve 2017 economic indicators.”

The minister acknowledged the deep and steep vulnerability faced by the country, but stated that efforts had been made to prevent further decline.

He emphasised that it should be a national goal to steer Pakistan towards the path of development.

The government had on Friday unveiled a budget for the fiscal year 2023-24 with a total outlay of Rs14.46 trillion, including a projected GDP growth rate of 3.5 per cent.


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