Mr. Naveed Qamar, Finance Minister has presented budget for 2008-2009. Its summary is as:
- Rs. 24.30 billion for education sector.
- Rs. 66 billion for power sector.
- Rs. 543 billion for Public Sector development programs (PSDP).
- Rs. 28.4 billion for peoples work… program.
- Rs. 75 billion for dams and irrigation.
- Rs. 37 billion for constructing roads and highways.
- Rs. 296 billion for defence.
- Rs. 27 billion has been allocated to Earthquake Reconstruction and Rehabilitation Authority (ERRA) in the PSDP.
- 20% increase in Government employees’ salaries.
- Rs. 75 billion for improvements in population resources.
- Rs. 34 billion for Benazir Support Programe which will be increased upto Rs. 50 billion.
- Rs. 1.1 billion for fish sector.
- Minimum salary has been increased from Rs. 4600 to Rs. 6000.
- Pension amount has also been increased from Rs. 300 to Rs. 2000.
- Sales tax rate is increased from 15% to 16%.
- Minimum limit for taxable salary will be Rs. 180,000.
- Contractual based employees ranging from Grade 1-15 are being regularized.
- Number of Judges of Supreme Court have been increased from 16-29.
- Duty is removed on life saver medicines.
- Rs. 1000 will be given to the deserving families each month. Selection of such families will be made through NADRA data base.
- Import duty is increased from 90% to 10% on importing luxury vehicles.
- Import duty is imposed on luxury items from 30% to 35%.
- Custom duty is removed on energy savers.
- National Identity Cards will be provided to people without any cost.
- Import duty is decreased from 10% to 5% on the import chemicals which is widely used in making medicines.
- Zone of Export Promotion will be established in Balochistan.
- Utility Stores will be increased up to 6000 to give more relief to the poor people.
- Profit on national saving schemes has been increased up to 2%.
- 10% duty is being removed to improve rice production.
- 10% duty is removed on importing rice seed.
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