HomeNATIONPakistan PM says government distributing economic burden by increasing tax on rich

Pakistan PM says government distributing economic burden by increasing tax on rich

Ever since Shehbaz Sharif has taken over the charge of Pakistan’s Prime Minister, there’s a buzz all-around over his decisions. On Tuesday he said that in the budget for the 2022-23 fiscal, the government decided to redistribute the economic burden on the poor by taxing the rich, media reports said.

“The policy we have formulated in the budget is that we have decided to redistribute the burden on the poor. We will tax affluent citizens so the poor are assured the government is giving them relief by taking different measures and is also taxing the rich,” said Sharif.

The Prime Minister hoped that those who are privileged would “gladly” lend their support to the country at this critical juncture and demonstrate a spirit of “sacrifice”.

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However, he asserted that the government would take more difficult decisions in the future if need be, Dawn reported.

“We will not hesitate to take any step which could help strengthen the economy,” he said.

Sharif said that the government had no other option than to take tough decisions, as he lashed out at the PTI for “violating” the agreement it had signed with the International Monetary Fund (IMF).

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