Islamabad: Federal Cabinet of Pakistan has approved 3.2 trillion budget for the fiscal year 2013-14. Federal Budget 2013-14 is being approved by PPP’s Government before it the assemblies are dissolved.
The Finance Ministry has to approve the budget from Federal Cabinet and then from the National Assembly of Pakistan. Finance Minister Senator Saleem H. Mandviwalla is currently a senator and also holds the charge of ministry.
Ministry of Finance has made the Budget for Fiscal year 2013-14 earlier than the previous years as the Govt. is near to compete the tenure and then temporary setup might be not enable to deliver properly.
During the previous year, the Finance Minister, Abdul Hafeez Shaikh, was of Rs2.96 trillion. Pakistan has suffered during the previous year economy did not get too much boost.