Thread by @mAliBhalli

Budget 2019-20 Highlights:
1-Debt Repayment: Current Year Budget Size is Rs. 7,002 Billion, wherein more than half of budget (57%) will be utilized for debt payments, In 2018 Budget Debt Repayments were 2220 Billion, which is now increased to 3980 Bn (79% Higher Than FY-18)
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This Massive increase in debt repayment is due to fresh loan of 5200 Billion taken by Niazi Govt. PM should be ashamed of calling other's as thieves & decoits especially when his Government took highest ever debt in shortest span of time.
tribune.com.pk/story/1990416/…
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2-New Taxes: PM house budget increased by 19% & 410 Mn are held for jet plan of PM & president however there is no place for poor in NAYA PAKISTAN as Government slapped unprecedented taxes of Rs.516 Bn to qualify IMF program, Soft drinks, steel, cars
tribune.com.pk/story/1990444/…
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juices, sugar, cement, edible oil, and goods will become expensive from July.
3-Exports are taxed Now: On one side FTA-II with China was revised after an effort of 09 years, n see the height of incompetence, 17% sales tax imposed on 5 major export sectors including
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Textile, leather, carpets, sports goods and surgical instruments. These sectors contributed 65-70% of total exports, after this tax 30% of total export will be reduced and 54% of exporter’s income will stuck in refund with FBR.
tribune.com.pk/story/1990444/…
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4-Parliamentarian Fund: Who shouted on container that “I will not give a penny to any MNA/MPA” "GHABRANA NHI" as 40 Bn allocated in budget for parliamentarian schemes.
5-Subsidies to energy sector increased by 55% in budget.Despite of fact that 30% increase in electricity
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prices in last 11 months, energy circular debt crossed 1600 Billion in May 2019, and 570 Billion is added by Niyazi Govt which is higher than total circular debt added by PMLN in 05 years.
tribune.com.pk/story/1990501/…
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