Pakistani Annual Budget Presentation on Dated 26 May 2017
Federal minister for finance Mr. Muhammad Ishaq Dar will present annual Fiscal budget on 26th May (Friday). This will be budget for the fiscal year of 2017-2018. Mr. Ishaq Dar will deliver his budget speech in National Assembly of Pakistan. This lower assembly of the Pakistan. While upper legislative assembly is Senate.
The annual budget is being presented on every year. Finance minister of Federal Govt. of Pakistan are bound to present the annual budget in the assembly.
Total amount of Budget will be 48 Kharab. Which also 2600 billion rupees. While deficit is expected at 4%.
Govt. Employees and Annual Budget?
Pakistani Govt. employees are waiting the announcement of Annual Budget very keenly. They are expecting the increase of salaries and pension. While working public servants are expecting revised basic pay scales in this this year of 2017. While the news of merging of 2010’s adhoc relief allowance @50percent is also expected.
Federal and Provisional employees are also expecting the raise of house rent allowance. Which had not been increased since last many years.