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Punjab has set revenue target of over Rs1.025tr.
Rs22 billion is allocated for roads' development.
Rs3 billion allocated for population welfare.
"It's moving positively," says Minister Aurangzeb on IMF talks.
Petroleum levy will be increased in a phased manner, he says.
Minister says collection of tax from retailers will begin from July.
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Thursday said that the talks with the International Monetary Fund (IMF) are moving in the right direction and expressed hope that a staff-level agreement will be reached in July.
Addressing the post-budget press conference in Islamabad, the minister shared that virtual negotiations with the IMF are underway but declined to comment further on the subject until a SLA with the Fund is finalised.
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