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Provincial Minister for Zakat and Ushr Malik Nadeem Kamran has said that Peoples Party's government has presented a budget of deficit worth Rs 12 billion as federal government remained busy in looting national exchequer during last four years. Commenting on the federal budget, the minister said that federal budget is the most disappointed budget of the national history.
Federal government offered loot sale on ministries besides empty the national exchequer during the four years tenure of rule, he added. The minister said that amounts deposited in foreign banks should be brought back and deposited in national exchequer so that people could get rid of load-shedding, unemployment and price hike. He said that recent federal budget will further depress the people from all walks of life.
He further said that it is clearly evident from the budget speech of the Finance Minister that he is just saving his skin. He said that due to the recent budget, the national economy will further fence into net of loans and national deficit will be increased manifold as a result of which there would be price-hike and survival of people would become impossible for people.

Copyright Business Recorder, 2012

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