Federal cabinet approves budgetary proposals for next fiscal year


—File Photo

ISLAMABAD: The federal cabinet at its special meeting in Islamabad on Friday approved the budgetary proposals for the next fiscal year.

Prime Minister Nawaz Sharif chaired the meeting.The secretary finance briefed the cabinet on the budgetary and taxation proposals for the fiscal year 2017-18.

The cabinet also approved accession to Shanghai Cooperation Organization instruments in order to acquire full membership of the organization.

It also approved amendments to the Private Power Infrastructure Board Act 2010.

The meeting also ratified decisions of the cabinet committee on energy and the economic coordination committee.—Radio Pakistan