Budget 2013-14

Budget tough on masses

* Total outlay for Federal Budget 2013-14 stands at Rs 3.59 trillion with fiscal deficit of 8%

* GDP growth rate projected at 4.8%; inflation 9.5%; revenue target set at Rs 2.475tr

* GST raised from 16 to 17 percent

* Pension up by 10%; minimum pension raised from Rs 3,000 to Rs 5,000

By Sajid Chaudhry

ISLAMABAD: The government on Wednesday presented in the National Assembly the federal budget for the fiscal year 2013-14 with an outlay of Rs 3.591

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