Priority to be given to provide more relief to the people & development of the economy in the next budget: PM Shehbaz

ISLAMABAD, May 30 (SABAH): Prime Minister Mian Muhammad Shehbaz Sharif says priority will be given to provide more relief to the people and development of the economy in the next budget.

PM Shehbaz Sharif stated this while chairing a meeting on budget proposals in Lahore on Tuesday. The Prime Minister said the measures to increase the production and exports of the industrial sector will be part of the budget.

PM Shehbaz Sharif said he will personally ensure that proposals from the industrial sector are made part of the budget. He instructed the authorities to remove all unnecessary barriers among small, large and export industries.

The Prime Minister said the previous government deliberately stopped investment and industrial development in the country and broke the IMF agreement.

He said the government, the entire nation, industrialists and businessmen are working together for a better Pakistan.

PM Shehbaz Sharif said the events of May 9 not only spread chaos but also caused serious economic damage to Pakistan. The Prime Minister vowed to cut the cost of production by providing cheap energy to the industry. He said the government will also ensure that banks provide loans to small industries on easy terms.

The meeting was attended by prominent investors and industrialists of all sectors of the country through video link. Meanwhile the Minister for Finance and Revenue Senator Mohammad Ishaq Dar, Minister for Planning, Development and Special Initiatives Ahsan Iqbal Chaudhry, Minister for Commerce Syed Naveed Qamar, Minister for Industries and Production Makhdoom Syed Murtaza Mahmud, Minister for Power Engineer Khurram Dastagir Khan, Minister of State for Petroleum Senator Dr. Musadik Masood Malik, Advisor to PM on Establishment Ahad Khan Cheema and other high officials were also present during the meeting.