FY 2023-24 will prove to be year of increasing revenue for Pakistan: PM Shehbaz

FY 2023-24 will prove to be year of increasing revenue for Pakistan: PM Shehbaz

Islamabad (Web Desk): Prime Minister Shehbaz Sharif has expressed the resolve that the Fiscal Year (FY) 2023-24 will prove to be a year of increasing the revenue of Pakistan and the income of the countrymen.

In a statement issued by the Prime Minister Office (PMO on Tuesday, the premier said that the government had presented a historical specifically designed for youth to help start their entrepreneurship activities that would also create more jobs in the country.

PM Shehbaz said that the confidence and the hope could be restored by eliminating disappointments and ensuring socio-economic development of the country.

“By the will of Allah Almighty, the upcoming year will be the year of increased income generation of the people and the country,” he said.

The prime minister said that this was the budget of economic stability and quick development in various sectors including industry, agriculture, information technology and energy.

PM Shehbaz said that the budget would also provide youth the opportunity to create jobs for others by starting their own entrepreneurship.

"Youth are the country’s future and saving their future has always been my top priority," he added.

PM Shehbaz said with the help of initiatives announced by the government in the Budget 2023-24, the youth would become the architects of Pakistan’s development by starting their own businesses in IT, industry and agriculture sectors.

He said the government was providing 100,000 laptops and small loans to the youth on concessional rates for their start ups.

The premier said that the government had also offered tax exemptions in the Budget 2023-24 for businesses in IT for encouragement of the youth.

PM Shehbaz said that Rs2000 billion Kissan Package would further expedite the country’s journey of agriculture development and prosperity.

"The government will offer more facilities in the agriculture sector through the budget 2023-24 to ensure food security and to make the youth an important stakeholder in agriculture development of the country," he said.

PM Shehbaz said that the farmers and the youth of the country would become prosperous by availing the agriculture and business loans offered by the government in the Budget 2023-24.