XXI StatementofEstimated TaxExpenditure

Government of Pakistan Finance Division

STATEMENT OF RESPONSIBILITY UNDER SECTION 10(1)(b) OF FISCAL RESPONSIBILITY AND DEBT LIMITATION ACT 2005

Stated that the Finance Division has supplied to the Adviser to Prime Minister on Finance and Revenue, using its best professional judgment on the basis of economic and fiscal information available to it before 11 th June 2020, the day on which the contents of the Medium Term budgetary Statement were finalized, incorporating the fiscal and economic implications of those decisions and circumstances, but any decisions or circumstances that the Adviser to Prime Minister on Finance and Revenue has determined under Sub-section (3) of Section 8 of the Fiscal Responsibility and Debt Limitation Act 2005 have not been incorporated in the Medium Term Budgetary Statement.