Finance Minister Ishaq Dar has reportedly asked the Finance Division and the Federal Board of Revenue (FBR) to make preparations for presenting federal budget for fiscal year 2017-18 by the end of May 2017. However, an official said that a final date to present the budget is still to be finalised but the minister wants the presentation of the budget before the commencement of Ramazan. On Saturday, the finance minister chaired a meeting to review the proposed calendar of events and other matters related to federal budget.
The meeting was attended by Finance Secretary Tariq Bajwa, who also holds additional charge of Secretary Revenue Division, and other officials of the Finance Division. The minister expressed satisfaction over the progress of various activities and emphasised the importance of completing all the scheduled activities in a timely manner. He directed the officials concerned to ensure that budget preparations are undertaken as per timelines with due consideration to the timing of Ramazan this year.
The minister also directed for close co-ordination between the Ministry of Finance and other ministries/departments so as to carry out the budget exercise in an efficient and cohesive manner.
The minister said that keeping in line with the past four years' tradition of the incumbent PML-N government, all opinions, proposals and constructive suggestions from stakeholders and experts will be taken into account while preparing the budget. He said that as always, ensuring the well-being of the general public will be accorded the utmost priority.
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