PTI information secretary says no serious effort has been made over the past five years to cut the cost of governance, reduce wasteful spending or address structural inefficiencies.
Schedules Annual Plan Coordination Committee and National Economic Council meetings early next month to clear a consolidated national development programme.
Ministry says a media report "incorrectly portrays the constitution of a high-level review committee by the prime minister as a ‘handover’ of the budget-making process from the Finance Division".
Both sides exchanges views on maintaining reform momentum, preserving macroeconomic stability and advancing structural reforms to promote investment, productivity and export-led growth.
Leading industry exporters meet the finance minister, submit a presentation as part of the textile sector's unified recommendations for the upcoming budget.
Informed sources say Finance Minister Muhammad Aurangzeb has expressed a desire to lower tax rates and, if possible, raise the taxable income threshold for the salaried class.