Saturday 11 April 2009

Inflation To Be Controlled in A Year: Shaukat Tarin

ISLAMABAD: Adviser to the Prime Minister on Finance Shaukat Tarin Wednesday said that real state, stock exchange and district sectors would be included in tax net during next three years. Addressing a ceremony at the Islamabad Chamber of Commerce and Industry (ICCI) here, he said that the government would not audit those businessmen who filed their income-sheet.
He said the difference in tariff among domestic, industrial and agricultural consumers would also be ended.
“The financial deficit has reduced to 4.3 per cent,” he said, adding that GDP growth rate has been fixed at 2.5 percent to improve the country’s economic situation.
Tarin further said that cheap loans could not be issued due to inflation, but added that inflation would be controlled in a year.

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