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Federal budget to unleash price hike: Nawaz

07 June, 2010

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RAIWIND: Pakistan Muslim League (PML-N) chief Mian Nawaz Sharif criticized the federal budget saying it would make the common man to further buckle under the burden of price hike, our sources reported on Monday.

Addressing the party seniors here, he said the strategy to meet deficit worth Rs700 billion with the borrowings, would lead the national economy to slide down the steep.

It is only through the adoption of the inexpensive energy resources that the ends relating poverty alleviation and employment opportunities could be achieved, he believed.

Mian Nawaz said the federal budget would further ramp up the burden of price hike on the public and resultantly, the problems faced by the poor, would snowball.

The PML-N chief said the federal government did nothing positive and concrete to bring the economy back on track in actuality, adding the betterment could be infused into national economy by acting on strategy of self-reliance sans loans.

Sharif also directed Chief Minister of Punjab Shahbaz Sharif to make the budget of the province people-friendly in letter and spirit.

Nawaz Sharif directed Shahbaz regarding the recent terror wave in Punjab, adding those responsible for the incidents be handed over to the Law. 

End.

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