Pakistan Federal Budget 2014-15 Complete Details
- Budget 2014-15
Pakistan Federal Budget 2014-15 Complete Details of budget 2014-2015 are given here for federal government employees.The Pakistan Muslim League-Nawaz-led government on Tuesday presented its second budget with a total outlay of Rs3.945 trillion for the fiscal year 2014-15.Federal Finance Minister, Senator Ishaq Dar read out the budget proposals at the special session of National Assembly attended by Prime Minister Nawaz Sharif and presided over by the speaker Sardar Ayaz Sadiq.
The Minister proposed a 10 percent ad hoc relief in the salaries of federal government employees and the minimum monthly wage raised to Rs12,000 from Rs10,000. The Minimum pension is being raised from Rs5000 to Rs 6000.The rate of inflation was brought down to 6.8 percent.
Exports were raised to 21 bn dollars, registering a gain of 4.24 percent while the remittances rose to 129 million dollars.
Rupee value against the dollar witnessed an unprecedented recovery and remains stable around Rs98-99, showing a rise of 11percent.
Foreign exchange reserves have been increased to 13.5 bn dollar which are will be brought up to 15 billion dollars, hopefully, by this July.
The launch of Euro bond received an encouraging response.
The Minister proposed a 10 percent ad hoc relief in the salaries of federal government employees and the minimum monthly wage raised to Rs12,000 from Rs10,000. The Minimum pension is being raised from Rs5000 to Rs 6000.The rate of inflation was brought down to 6.8 percent.
Exports were raised to 21 bn dollars, registering a gain of 4.24 percent while the remittances rose to 129 million dollars.
Rupee value against the dollar witnessed an unprecedented recovery and remains stable around Rs98-99, showing a rise of 11percent.
Foreign exchange reserves have been increased to 13.5 bn dollar which are will be brought up to 15 billion dollars, hopefully, by this July.
The launch of Euro bond received an encouraging response.
Pakistan Federal Budget 2014-15 Complete Details by>>Rose.
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