Pakistan Federal Budget 2017-18 updates

Pakistan Federal Budget 2017-18 updates

Pakistan Federal Budget 2017-18 updates in ISLAMABAD : It may be announced before the start of of the holy Ramadan month as the government of Pakistan going to decide to present budget 2017-2018.

Note : Federal budget 2017-18 announced : employees 10% increase in salaries and pension

Pakistan Federal Budget 2017-18 bill will be presented on May 26 and mostly will be approved on the same day. The bill will be presented to the Parliament with all major issues of country and hot issue of Budget 2017 – 2018 Pakistan Salaries Increases. Cabinet will be approved bill after review. National Economic Council meeting will also take place in the first week of May.

On the other hand, the Cabinet Committee meeting on Privatization was chaired by Finance Minister Mr. Ishaq Dar in Islamabad. Cabinet Committee approved The transaction structure for First Women Bank, HBFC and SME Bank was approved.

It was also decided in the meeting that the Gujranwala Electric Power Company (GEPCO) shares will be sold out through Pakistan Stock Market while Shalimaar Recording and Broadcasting Company was removed from the list of institutions to be privatized.

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