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Business & Finance

Asfandyar voices concern over cut in higher education budget

PESHAWAR: Awami National Party (ANP) President Asfandyar Wali Khan Wednesday expressed concern over cut on the highe
Published June 12, 2019 Updated June 12, 2019 09:38pm

PESHAWAR: Awami National Party (ANP) President Asfandyar Wali Khan Wednesday expressed concern over cut on the higher education budget 2019-20 saying no nation could progress and develop sans promotion of higher education.

The ANP chief, in a statement, said his party had rejected the budget proposals due to what he claimed, heavy taxation on the lower strata of the society. The tax ratio on the salaried and non-salaried class had been enhanced by 35 percent, he added.

He said the prices of essential goods like ghee, milk, gas, electricity, chicken, juices would go up while those of mobile phones and tyres had been reduced. The  allocation for the Basha Dam had also been slashed, he added.

He said the budget contained massive taxation proposals amounting to Rs 512 billion, while the budget deficit had crossed the Rs 3,560 billion mark.

Asfandyar said Peshawar and terrorism hit tribal districts deserved a special development package.

Copyright APP (Associated Press of Pakistan), 2019
 

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