Ahsan Iqbal welcomes steps taken for exporters in Budget

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 12th Jun, 2026) Federal Minister for Planning and Development Ahsan Iqbal on Friday welcomed the government's export-oriented measures announced in the Federal Budget 2026-27, saying they would help strengthen the country's exports sector and support economic growth.

Speaking to a private television channel, the minister said the abolishing super tax had fulfilled a longstanding demand of exporters and would enhance the competitiveness of Pakistani businesses in international markets. He said the government had also provided relief to the salaried class by reducing income tax rates and announcing an increase in salaries in the new budget.

Commenting on the defense allocation, Ahsan Iqbal said the increase in the defense budget was necessary in view of the prevailing geopolitical situation and security challenges facing the region.

Responding to a question regarding water resources, the minister said the government had allocated substantial funds for water and food security projects, including the timely completion of the Diamer-Bhasha Dam.

Despite economic challenges, he said, the government had made efforts to present a balanced budget that addresses key national priorities while maintaining fiscal discipline.