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Mini budget to lay burden of Rs2bn only on common man: Sheikh Rashid

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Minister for Interior Sheikh Rashid Ahmed. Image: Lal Haveli Official

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ISLAMABAD: Minister for Interior Sheikh Rashid on Thursday said the mini-budget to be tabled in the National Assembly today would lay a burden of Rs2 billion only on the common man.

Talking to the media after the meeting of the parliamentary members in Islamabad, Rashid claimed that the mini-budget would impose 17 per cent GST on Pakistanis only if passed.

Read more: Cabinet approves Finance Bill 2021, will be tabled in NA today: Fawad

He said Federal Minister for Finance and Revenue Shaukat Tarin had told him that the mini-budget was not worth Rs350billion, but just Rs72billion

“Out of which, the burden which would be laid on the common man would be of Rs2billion only.”

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According to Rashid, all the allied parties of Pakistan Tekreek-e-Insaf (PTI) backed the government regarding the mini-budget.

A special committee of the cabinet on Thursday approved the Finance (Supplementary) Bill, 2021.

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Read more: PM Imran Khan will eradicate inflation in 5th year of his tenure, claims Sheikh Rashid

The mini-budget aimed to impose an extra burden of taxes on the public to meet the requirement agreed with the International Monitory Fund (IMF).

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