Adviser to Prime Minister on Commerce, Textiles and Industries Abdul Razak Dawood says the government has announced pro-business and people friendly budget despite many challenges on economic fronts.
Talking to media outside the Parliament House, he said, the budget would boost the local industry and would also encourage local manufactured products.
He expressed the hope that incentives announced in the federal budget would increase imports.
Abdul Razak Dawood said a handsome amount had been announced in the budget for the youth of the country.
He said subsidy had been announced for the consumers using less than 300 electricity units.