Miftah berates govt over ‘mini-budget

#Miftah #berates #govt #minibudget

Former Finance Minister, Mafa Ismail, has forbidden Prime Minister Shahbaz Sharif’s government to introduce “mini -budget under development projects for Balochistan” through a decision to refuse public assistance in petroleum prices.

Talking about the Geo News program “Geo Pakistan”, a former PML-N leader, Muftia-Mufti-Shah Shahbaz has criticized the government for deciding against fuel prices and the benefit of reaching low fuel prices in the international market.

“You don’t need anything else […] You can use the provincial government’s funds because its budget is additional because it is a mini -budget that you are trying to justify in the name of development for Balochistan, “said Muftia, secretary general of Awam Pakistan.

Prime Minister Shahbaz has announced that savings from fuel prices will be used for the development of N25 highway in Balochistan, which connects Chaman, Quetta, Kalat, Khwaja and Karachi.

By maintaining petroleum prices, the government has increased petroleum levy on petrol (Rs 70 to Rs 78.72 per liter) and diesel, which has increased by Rs 7.01 per liter (from Rs 70 to Rs 77.01 per liter).

Petroleum Minister Ali Pervez Malik defended the decision in the television address, saying that fuel prices are lower than in neighboring countries and frozen has supported development priorities in Balochistan.

He urged the people to accept what they call “small troubles” for long -term national development.

However, by identifying the mistakes within the government’s point of view, Muftita – who has also worked as a finance category under Prime Minister Shahbaz – said that separate funds have been allocated for development projects.

Noting that the government has allocated Rs 1,100 billion for such measures – out of which about Rs 70000 billion has been allocated to lawmakers all over Pakistan.

He said that it may not be that the federal budget funds are used for motorways in Punjab, but when such projects are talked about in other provinces, the taxes of all Pakistanis are used for this purpose.

“There is always a way when qualification and right are present [thought] The approach, “he said in response to a question, whether the government was doing this because of the lack of election because there was no other way.

He claimed that the government was aware of the possibility of a reduction in petroleum prices globally, and for this reason it had promised the International Monetary Fund (IMF) to use it as well as impose a new tax to avoid introducing the mini -budget.

Highlighting that the government had imposed Rs 17 in taxes in March, which increased by Rs 30 in the current month and the same amount will be deposited from the people in May and June, Muftia said that the government is ready to collect about Rs 100 billion from the people, which is about 8 % of the total budget and therefore it is a “mini”.

Recognizing that every government needs funds, Muftia demanded the government to reduce its spending. He regretted that when the salaries of ministers and lawmakers are being jacked up to 300 % on the one hand, the salary class faces a 40 % tax which increases up to 50 % for the business.

Expressing regret over the high prices of electricity and gas, which he described the most in the region, he remarked that the government could use funds withdrew from the Public Sector Development Program (PSDP) funds – which was increased by 64 %.

When asked about giving credit to the government to save the country as a default, the former minister said that the government should be given credit where it owes it.

Oil prices have declined globally, if you want to support Prime Minister Shahbaz, then definitely do so, he noted that Pakistan has benefited the favorable global environment in relation to commodity prices.

Saying that the government can be involved in all kinds of “show projects” such as air ambulances, the fact is that the salaries of the average Pakistanis have declined practically over the past three years and that more than 100 million people are living below the poverty line, and more than 270 million children in the country with more than 270 million schools.

Expressing regret over this, which he called an inactive system that could not provide basic facilities like health, education and drinking water to the people, Muftia cursed the government to transfer the burden of rising prices to the people, but when it fell, they refused to help them.