PESHAWAR
\nMuhammad Faiq Shah, founder and chairman of the Amun Taraqqi Party threw heavy weight behind the government\u2019 move to privatize loss-making state-owned entities (SoEs) and called the austerity policy should be implemented with true spirit.
\nHolding deliberation of proposals for the upcoming fiscal year budget, Shah on Wednesday asked government to present a pro-poor and business friendly budget.
\nHe added non-salary expenditures should be drastically cut down.
\nHe demanded maximum allocation to education, health and public welfare schemes in the budget.
\nThe ATP chief called upon the government to utilize all possible resources to provide maximum relief to common man in the budget for upcoming fiscal year 2024-25.
\nShah viewed said budget has reflection of government priorities which should be made \u2018pro-poor\u2019 and \u2018business-friendly\u2019
\nHe urged the government to not impose any additional taxes through the FY budget 25.
\nSimilarly, he stressed that the reduction in the ratio of current taxes, especially indirect taxes on poor masses, should be abolished.
\nHe added that special relief and subsidies on daily use essential items should be announced.
\nFaiq sought a sizable increase in salaries of government employees.
\nHe furthermore demanded an increase in minimum wage as per rising inflation.
\nHe also asked to allocate huge proportion funds for small federating units in the budget.
\nShah demanded special priority to agriculture, education, industries, business, trade.
\nSpecial subsidies in power, gas, agriculture, industrial sectors should be announced, he added.
\nIn order to create more employment opportunities, he emphasized mega development projects should be proposed in the budget.
\nHe suggested a special youth skill training program should be launched.
\nHe proposed a special interest-free loan scheme for small and medium enterprises (SMEs) and large scale-manufacturing (LSM) sectors.
\nThe ATP chief also demanded allocation of funds for uplift of the real estate sector in the country.
\nCommenting on the current political scenario, Shah noted Pakistan\u2019s democratic system has been jeopardized.<\/p>\n","protected":false},"excerpt":{"rendered":"
PESHAWAR Muhammad Faiq Shah, founder and chairman of the Amun Taraqqi Party threw heavy weight behind the government\u2019 move to privatize loss-making state-owned entities (SoEs) and called the austerity policy should be implemented with true spirit. Holding deliberation of proposals for the upcoming fiscal year budget, Shah on Wednesday asked government to present a pro-poor […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-407184","post","type-post","status-publish","format-standard","category-peshawar"],"yoast_head":"\n