PTI chairman Imran Khan rejects federal budget for FY2022-23

PTI chairman Imran Khan rejects federal budget for FY2022-23

Pakistan

PTI chairman Imran Khan rejects federal budget for FY2022-23

ISLAMABAD (Dunya News) – Former prime minister and Pakistan Tehreek-e-Insaf Chairman Imran Khan on Friday rejected the Rs9.5 trillion federal budget for the fiscal year 2022-23.

“We reject this anti-people and anti-business budget presented by the imported government,” he wrote in a tweet.

“Budget is based on unrealistic assumptions on inflation (11.5%) and economic growth (5%),” Imran Khan said, before pointing out that the sensitive price index issued on Friday showed that inflation in essential commodities stood at 24%.

“(SPI figures) indicates that inflation will be between 25/30% which on the one hand will destroy the common man and on the other hand retard economic growth due to high-interest rates,” the former PM said.

“All our progressive tax reforms and pro-poor programs such as Sehat card, Kamyab Pakistan are being shelved,” he said adding that “It is an unimaginative, ‘Purana Pakistan’ budget creating more burdens and misery for the nation.”