ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Asia

Pak: Imran Khan's party terms PML-N govt's federal budget "poisonous"

The party, making a sharp attack at the Pakistan Muslim League-Nawaz (PML-N)-led government, termed the Finance Bill 2025 presented by it in the National Assembly as a "poisonous budget" and a "bundle of contradictions", according to Geo News.

ANI Jun 13, 2024 06:52 IST googleads

Former Pakistan Prime Minister Imran Khan (Photo: X @PTIOfficial)

Islamabad [Pakistan], June 13 (ANI): Slamming Shehbaz Sharif's government budget for fiscal year 2024-25 as "poisonous", Imran Khan-founded Pakistan Tehreek-e-Insaf has said that the salaried class was suffocated by modifying the tax slabs, Geo News reported.
It added that despite making grandiose promises of a rescue package, it "cracked a joke by only allocating PKR 5 billion" for the agriculture sector.
The party, making a sharp attack at the Pakistan Muslim League-Nawaz (PML-N)-led government, termed the Finance Bill 2025 presented by it in the National Assembly as a "poisonous budget" and a "bundle of contradictions", according to Geo News.
The federal budget for FY25, according to a PTI spokesperson, was presented "against the nation, employment, and economic development".
The former ruling party further accused the PML-N administration of being "actually dictated" by the International Monetary Fund (IMF) and lacking control over the finalisation of the budgetary measures.
The PTI declared the growth rate of the gross domestic product (GDP) to be unrealistic, stating that it was set at 3.6 per cent and would not even increase to 2.4 per cent, as estimated by the World Bank, reported Geo News on Wednesday.
Additionally, the opposition party attacked the current administration for raising taxes on real estate, which would "only promote cash transactions," and for eliminating tax breaks for exporters.
The PTI also attacked the government of Prime Minister Shehbaz Sharif for raising the pay of government employees by up to 25 per cent and increasing the petrol charge to PKR 80 per litre, both of which would increase the financial burden on taxpayers, reported Geo News.
The federal government unveiled the 2024-25 budget on Wednesday, with a total outlay of PKR 18.9 trillion.
First-time finance minister Muhammad Aurangzeb presented the budget to the National Assembly in the midst of a noisy demonstration by opposition MPs from the Sunni Ittehad Council (SIC), which is supported by the PTI.
The lawmakers raised anti-government banners, stood on their desks, and tore copies of the Finance Bill 2025. (ANI)

Get the App

What to Read Next

Europe

Blasphemy laws in Pakistan target religious minorities: GHRD

Blasphemy laws in Pakistan target religious minorities: GHRD

At the 61st session of the United Nations Human Rights Council, the organisation Global Human Rights Defence (GHRD) raised concerns over the continued misuse of blasphemy laws in Pakistan and their impact on religious minorities.

Read More
Asia

MEA rejects Pakistan’s statement on India-Canada deal

MEA rejects Pakistan’s statement on India-Canada deal

"We reject this statement made by Pakistan on the matter. India's credentials regarding non-proliferation are impeccable and well recognised by the global community. A country with a well-documented history of clandestine nuclear proliferation can hardly preach the virtues of export controls and proliferation risks. Such ludicrous statements are nothing more than an attempt by Pakistan to distract from its own abysmal record," he said.

Read More
Asia

India rejects Pakistan's "baseless allegations"

India rejects Pakistan's

India on Thursday rejected Pakistan's allegations of aggravating skirmishes with Afghanistan, calling them "baseless" and accusing Pakistan of blaming others for its own misdeeds.

Read More
Asia

Policy delays leave Pakistan short of critical medicines

Policy delays leave Pakistan short of critical medicines

Pakistan faces a severe shortage of life-saving medicines, including cancer drugs and vaccines, due to government delays in notifying official prices. While global supply remains stable, regulatory hurdles have stalled legal imports, raising concerns over patient survival and the potential rise of unregulated, counterfeit medicines.

Read More
Asia

Pakistan’s outdated mandi system stifles agricultural innovation

Pakistan’s outdated mandi system stifles agricultural innovation

Pakistan's fruit and vegetable supply remains dominated by traditional middlemen and the "mandi" system, with digital platforms handling only 2-3% of trade. Restrictive provincial laws and lack of infrastructure force farmers into dependency on commission agents, stalling modern technological transformation in the agricultural sector.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.