KARACHI - Finance Minister Dr. Hafeez Sheikh has said that important targets in the next financial budget would be to create new opportunities of employment and achieve the economic development

Addressing a pre-budget seminar in Karachi on Sunday‚ he said that equal taxation percentage would be enforced.

He said during the last two years Rs 800b have been given to the provinces for the completion of the developmental projects.  The Finance Minister said that GDP remained at 3.7 per cent during the current financial year.

He called upon the private sector to supplement government’s efforts for the promotion of quality education  He said an additional Rs 800 billion have been transferred to provinces for the social sector development including education and health sectors. He said that Federal govt has taken the responsibility for the funding of Higher Education Commission and spent Rs 150b for the promotion of higher studies in the country.