Govt doubles GDP; revenue growth, halves inflation: Haroon

ISLAMABAD – Special Assistant to the Prime Minister on Revenue and Federal Minister Senator Haroon Akhtar Khan said the government had doubled the country’s GDP growth as well as the revenue collection and halved the inflation during the last five years.

“The economic indicators themselves are a proof of the gains we have achieved on these fronts and this has been made possible by the prudent and realistic economic policies of the government,” he said while talking to participants of the 108th National Management Course in Islamabad on Wednesday.

Talking to participants of the course, he said because of enhanced revenue, the government has been able to transfer an extra Rs 3000 billion to provinces during the last five years.

He said it allowed the provincial governments’ greater fiscal space and freedom to launch and execute mega projects.

Meanwhile, Haroon Akhtar Khan chaired a meeting to review and discuss various proposals and recommendations regarding taxation for the upcoming budget.

Speaking on the occasion, he said the government is aiming for a balanced and pro-growth budget focusing more on relief and incentives for the filers and disincentives for non-filers with a view to broadening the tax base.

He said the government wants to facilitate the business community by providing them with a level-playing field to grow their businesses and contribute to revenue generation.

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