Process to fix economy’s long-term ailments has been started: PM

Prime Minister Shehbaz Sharif says beginning of the process to fix the economy’s long-term ailments has been started through presenting balanced budget.

In a tweet on Saturday, he said the coalition government has prioritized the right areas that have the potential to spur economic growth, attract investment and make the economy self-sufficient.

The Prime Minister said making of the Budget was particularly a difficult task in view of the persistent challenges arising out of the floods-related relief and rehabilitation, global supply chain disruptions and geostrategic upheavals.

He said a more balanced budget that levies no new tax could not have been possible within the existing constraints.