LAHORE - Pakistan Industrial and Traders Associations Front (PIAF) Saturday termed Punjab budget as a progressive, pro-farmer and growth-oriented document which will give a boost to its economy and ensure inclusive development of all sectors.

Talking to media here, PIAF Chairman Irfan Iqbal Sheikh, Senior Vice Chairman Tanveer Ahmed Sufi and Vice Chairman Khawaja Shahzeb Akram welcomed increase in budget for the development of industries, commerce and mineral sectors, proposed by Punjab government in the budget in comparison with current financial year ending June 30, 2016.

The PIAF Chairman said that industries, commerce & mineral sectors were one of the main pillars of Punjab growth strategy that envisaged promotion of industry, commerce and investment for technological up-gradation, employment generation in industrial and investment sector.

Hailing the budget as realistic, visionary and totally in tune with interests of all sections of society, he also lauded Punjab Chief Minister for adopting fiscal measures that had led to an estimated 5 percent growth of GDP for fiscal year 2016-17.

Irfan Sheikh said that Shehbaz Sharif deserved admiration for allocating financial resources for various development and welfare schemes dedicated to overall development of the province. He added that billions of rupees had been allocated for agriculture, education and health, while record funds had also been provided for uplift of social sectors. He said that an era of progress and prosperity would usher in through implementation of development programme.

PIAF Senior Vice Chairman Tanveer Sufi and Vice Chairman Khawaja Shahzeb Akram said that Punjab government honoured its pledge of presenting tax free budget. Government’s decision to offer 700,000 jobs would surely help reduce unemployment.

Shahzeb Akram said that earmarking record development budget would bring immense prosperity in the province. The masses would avail basic facilities at their door steps, he said. He said Punjab government had shown good governance as one of its top priorities by increasing its budget up to 63 percent as compared to current FY.

On the completion of two-years of Operation Zarb-i-Azb, office bearers of PIAF saluted the brave soldiers who set glorious examples of courage and valor. They said that brave armed forces of Pakistan had broken the back of terrorists through Operation Zarb-i-Azab and peace had been restored in Pakistan. They said that there was no room for terrorists and their facilitators in the country.

They said that peace had been restored in the country as a result of operation Zarb-e-Azab. There was no room for terrorists and their facilitators in Pakistan and credit for the success of operation Zarb-e-Azab goes to Pak Army, as officers and Jawans secured Pakistan by sacrificing their lives in the operation.