KARACHI: Sindh Chief Minister, Syed Qaim Ali Shah, has hailed the federal budget for the fiscal year 2011-12 presented by Federal Finance Minister, Dr. Abdul Hafeez Shaikh, in the National Assembly on Friday.
In a statement here, he described the budget as a historic one and people-friendly.
Qaim Ali Shah congratulated President Asif Ali Zardari, Prime Minister, Syed Yusuf Raza Gilani, and Federal Finance Minister, Dr. Abdul Hafeez Shaikh, for presenting a historic budget.
He said that a huge amount has been allocated in the budget for development projects.
Sindh Chief Minister said that revolutionary steps have been taken in the budget which included bringing down fiscal deficit to four percent, controlling the price hike and increasing the salaries of the government employees by 15 percent and in the pension between 15 to 20 percent.
He said that inspite of last year's devastating floods, incidents of terrorism and limited fiscal resources, this is an excellent budget which is in accordance with the aspirations of the people. This can be termed as `Awami' budget, he added.
Qaim Ali Shah said that in accordance with the vision of Shaheed Zulfikar Ali Bhutto and Shaheed Mohtarma Benazir Bhutto, huge funds have been allocated in the budget for the progress and development of the people as well as their welfare.
He stated that far-reaching results of these steps would start coming to the fore.
Copyright APP (Associated Press of Pakistan), 2011
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