Despite constraints imposed by domestic & global circumstances, Budget 2023-24 promises to turn things around: PM Shehbaz  

ISLAMABAD, June 12 (SABAH): Prime Minister Mian Muhammad Shehbaz Sharif has said that while experts are analysing the various facets of Budget 2023-24, he considers it important to highlight the special emphasis the government has placed on the growth-inducing sectors in the budget.

In a statement issued on twitter on Monday, PM Shehbaz Sharif said that the measures for the uplifting of Information Technology, agriculture, solarisation, youth development and other sectors were proposed after thorough deliberations. They are aimed at incentivizing innovation and entrepreneurship of our talented youth and boosting productivity of agriculture and attracting investment in the agro-industrym, he said.

PM Shehbaz Sharif said that at the same time, the government is working on a solarisation initiative to replace the costlier sources of power generation by harnessing the vast solar power. Affordable energy is key to economic growth and the provision of relief to the people, he said. PM Shehbaz Sharif said that the procurement of crude oil from Russia is also part of the energy security plan. 

PM Shehbaz Sharif said that “The point I am making is that despite constraints imposed by domestic and global circumstances, Budget 2023-24 promises to turn things around and has outlined a clear path for this purpose”.

He said that achieving economic self-sufficiency remains the overarching goal where the economy is insulated from the external turbulence and shocks.