Punjab Innovation for Value, Opportunity and Transformation adds roughly 100 basis points to province’s three-year average GDP growth, lifting overall provincial growth with industry seeing the largest relative boost.
Tax incentives can improve profitability and encourage investment, but they cannot fully offset structural impediments such as high energy costs, infrastructure gaps and limited development spending.
House approved 29 demands for grants of the Cabinet Division worth more than Rs1.53tr and rejected all cut motions seeking reductions in allocations for the division and its attached departments.
"We have gotten very clear feedback from within and outside the House that this is overall a positive and pro-growth budget," he says as NA wraps up budget debate; House debates 140 recommendations made by Senate.
Lists rising expenditure pressures and economic uncertainty as other factors; terms Keti Bandar port, financial centre and green energy data centre his flagship initiatives.
Emphasises that neighbouring countries have achieved stellar health metrics not by building massive hospital networks, but by ring-fencing budgets for primary-tier facilities and grassroots public health frameworks.
