Punjab Budget 2016-2017 4th June 2016 Live Update.The assembly session will be presided by Punjab Assembly Speaker Rana Muhammad Iqbal where Finance Minister Mujtaba Shujaur Rehman will present the budget for the next fiscal year.
According to sources, more funds were likely to be allocated for development program, education and
Punjab Budget 2016-2017 Live Update
The budget for year 2013-14 would be approved from provincial cabinet before being presented in the house
The rate of inflation was brought down to 6.8 percent.
Exports were raised to 21 bn dollars, registering a gain of 4.24 percent while the remittancesrose to 129 million dollars.
Rupee value against the dollar witnessed an unprecedented recovery and remains stable around Rs98-99, showing a rise of 11percent.
Foreign exchange reserves have been increased to 13.5 bn dollar which are will be brought up to 15 billion dollars, hopefully, by this July.
The launch of Euro bond received an encouraging response.