PML-N plans to bring tax-free budget for 2013-14

Nawaz Sharif
PML-N plans to bring tax-free budget for 2013-14

LAHORE: PML-N President Mian Nawaz Sharif, who is likely to get premiership for the next term after gaining majority in the May 11 elections, has shown commitment to present a tax-free budget for the next fiscal year 2013-14 with slashing 30 percent government expenditures.

He expressed this hope while holding an important meeting of his party think tanks, economic experts and some local as well as foreign investors on energy and financial crisis and solutions. Caretaker Minister for Water and Power Dr Mussadik Malik also visited Sharif and briefed about the current crisis facing the country. The meeting was held at Sharif’s residence in Raiwind Farms.

According to the PML-N sources, the meeting mostly discussed the issue of load shedding and different options to overcome it. It also discussed some short and medium terms steps that could be taken in this regard. During the meeting, the experts were convinced to lessen load shedding through foreign investments.The sources said the caretaker minister also met with Nawaz Sharif separately and presented him some suggestions and options for early solution of energy crisis.

They informed that while addressing the meeting, Nawaz Sharif told the participants that he was committed to present the first budget of his government as tax-free and want not to create any trouble for the masses during his government as they were already facing several problems like load shedding. – DailyTimes