AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

LAHORE: Punjab Finance Minister Mujtaba Shujaa-ul-Rehman has said that the Punjab government will not compromise on its share in the National Commission (NFC) Award and the federal government has not decided on this matter.

He expressed these views during a meeting with US Consul General in Lahore Christine Hackens here on Thursday.

On this occasion, the Minister told the US Consul General that in the forthcoming budget, subsidies would be provided to the transport, food and agriculture sectors while public-private partnerships would be utilised to ensure quality education in government schools.

“The Punjab government’s focus would primarily remain on education, healthcare, agriculture and environmental conservation sectors. Efforts will be made to provide modern teaching equipment to students and alleviate travel difficulties.

Moreover, investment would be made in solar systems to reduce electricity bills and private sector investment would be encouraged for mega projects,” he added.

He also disclosed that there would be no increase in taxes burdening the poor in the budget. He averred that instead of increasing property tax rates, changes would be made in the tax base to increase provincial resources. “A reasonable increase in property tax rates is proposed after five years. In the upcoming budget, skill development and internship programmes for youth would be introduced, while no final decision has been made yet regarding the Pink and Yellow Line trains,” he added.

Commenting on Punjab’s political situation, he said that the previous government not only affected the province’s financial policies but also other administrative matters. He condemned the opposition’s unserious attitude in the Punjab Assembly, saying most of the opposition’s concerns were related to education, healthcare, agriculture, and law and order, but their criticism lacks constructive solutions. “The Punjab government is actively working to address public issues,” he added.

Copyright Business Recorder, 2024

Comments

Comments are closed.