FAISALABAD: President Faisalabad Chamber of Commerce and Industry (FCCI), Engineer Muhammad Saeed Sheikh has welcomed the tax free Punjab budget 2017-18 and termed it pro-people.
Congratulating, Chief Minister Muhammad Shahbaz Sharif and Provincial finance minister Ayesha Ghous Pasha, he said that a record funds of Rs 635 billion had been earmarked for development projects in the history of Punjab.
He said that improved infrastructure with efficient and energetic administrations would help different sectors to grow and progress.
He also appreciated withdraw of registration fee for new business firms and hoped that it would certainly double the size of businesses in the province.
Engineer Muhammad Saeed Sheikh said that 10% increase in salaries and pensions was a good step.
He said that it also indicates the government was fully aware of the financial problem of government servants and pensioners and was making serious efforts to mitigate their genuine sufferings.
He further said that allocation of 59% of total budget for local governments was indicative of the strong vision of the government to further strengthen the local bodies' institutions enabling them to resolve the public problems promptly at the grass root level.
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