Government's Fiscal Plans for 2024-25: Tariff Hikes and Loans

The proposed federal budget for the fiscal year 2024-25 includes plans to increase tariffs on imported cell phones. This means that the government is considering raising the taxes on cell phones that are brought into the country from other nations. The goal of this tariff increase is to encourage people to buy more locally made cell phones, which can help boost the economy and support local businesses.

Additionally, the government has announced its intention to secure loans totaling Rs932 billion. These loans will be used to fund various development initiatives in the upcoming financial year. This means that the government plans to borrow money to invest in projects that can help improve the country's infrastructure, education system, healthcare services, and other important areas.

The proposed federal budget for the fiscal year 2024-25 includes plans to raise tariffs on imported cell phones and secure loans to fund development initiatives. These decisions are aimed at promoting local industries and supporting the country's growth and progress. By implementing these measures, the government hopes to create a more sustainable and prosperous future for all citizens.