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The salaried class is paying more than its share, how long will this country last, Finance Minister

by Web Desk
September 3, 2024
in Business
The salaried class is paying more than its share, how long will this country last, Finance Minister
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ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that 43 percent of the sectors here pay less than one percent tax, the salaried class is paying more than its share in the GDP, how long will this country continue like this?

While giving a press conference in Islamabad, he said that foreign exchange reserves are increasing, inflation has come down and the level of inflation has reached the level of 9.6%, our currency is stabilizing, the policy rate is also decreasing gradually. Our economy is coming in the right direction.

The finance minister said that 43% of the sectors here pay less than one percent of tax, they are requested to shoulder the burden of the country, the salaried class is paying more than its share in the GDP, how long will this country continue like this. will Countries don’t run on charity, everyone has to play their part for its development.

Mohammad Aurangzeb said that all the stakeholders have brought down the inflation rate to single digit which deserves congratulations, rating agencies Fitch and Moody’s upgraded Pakistan’s rating for this. Sadly, the economy is on the upswing and things that are going in the right direction should be embraced.

The finance minister said that 43% of the sectors here pay less than one percent tax, he requested them all to shoulder the burden of the country, the salaried class is giving more than its contribution to the GDP, how long will this country continue like this. will be

The finance minister said that distributors, wholesalers and retailers should add their share to the country’s economy and we will do what we can for them, you give us your advice and your suggestions will be evaluated and implemented.

Tags: commissiongovernmentinternationalNationaltime line news
Web Desk

Web Desk

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