People from all walks of life including industrialists, traders, economists, employees, farmers and analysts have hailed the government for presenting historical budget to provide relief to the masses.

President Federation of Pakistan Chambers of Commerce and Industry Irfan Iqbal Sheikh appreciated the initiatives regarding poverty alleviation, increasing the amount of loans for the businesses and the youth, and abolition of duty on solar energy for tube wells and agri seeds.

Lahore Chamber of Commerce & Industry President Kashif Anwar termed the federal budget as IT focused and business friendly.

President Islamabad Chamber of Commerce and Industry Ahsan Zafar Bakhtawari said that due to government’s incentives to various sectors, the country would witness boom in Foreign Direct Investment and remittances in the coming years.

President Multan Chamber of Commerce and Industries Mian Arshad Iqbal says that the budget is better than expectations.

President of the Gilgit Baltistan Chamber of Commerce and Trade Imran Ali termed the federal Budget balanced and people friendly.

He said despite the difficult financial situation 35 percent Ad hock relief to Governemnt employees from grade 1 to 16, thirty percent from 17 to 22 and 17. 50 percent for pensioners was highly appreciable steps.

Source: Radio Pakistan