Govt redistributing economic burden on poor by taxing the rich: PM Shehbaz.

Prime Minister Shehbaz Sharif said on Tuesday that in the budget for the fiscal year 2022-23, the ruling coalition government had decided to redistribute the economic burden on the poor by taxing the rich.

Talking to the media in Islamabad after a meeting of the federal cabinet, he said: "The policy we have formulated in the budget is that we have decided to redistribute the burden on the poor. We will tax affluent citizens so the poor are assured the government is giving them relief by taking different measures and is also taxing the rich."

The prime minister hoped that those who were privileged would "gladly" lend their support to the country at this critical juncture and demonstrate a spirit of "sacrifice". "The government will collect hundreds of billions of rupees in taxes through this," he added.

The prime minister reiterated that the government had come into power during challenging times and had taken difficult decisions. However, he asserted that the government would take more difficult decisions in the future if need be.

"We will not hesitate to take any step which could help strengthen the economy."

PM Shehbaz said that...