Sindh annual budget of around Rs 1,220 billion for the next fiscal year 2020-21 will be presented in the assembly today. According to the details, Sindh Chief Minister Syed Murad Ali Shah, who also holds the portfolio of Provincial Finance Minister, will present the budget proposals. The chief minister would chair a meeting of the … Read more
Chairman PPP Bilawal Bhutto Zardari has said that the budget presented by the federal government is the budget of another country and not of Pakistan. According to details, Chairman PPP Bilawal Bhutto Zardari while addressing the National Assembly said that the priority of the government even today is to give money to the IMF while … Read more
Budget 2020-21 Live: Pakistan Tehreek-e-Insaf-led Federal government announces the budget for this fiscal year. This is the second budget to be proposed by PTI. The PTI-led government had announced its first budget in June 2019 and prices of different commodities and taxes on them were decided to be followed in Pakistan. Important Features of Budget … Read more
The federal government has announced a significant allocation in the budget for the next financial year for the financial assistance and welfare of artists. According to the details, the Federal Minister for Industries and Production said that artists are a valuable asset to our country. On the directive of the President, the Government of Pakistan … Read more
Minister for Industries and Production Hamad Azhar presented the budget for the next financial year in the National Assembly in which the budget for various sectors, including education and health. According to the budget documents, the budget for education and services has been increased by about 7.9% for the next financial year. It should be … Read more
Minister for Industries and Production Hamad Azhar presented the budget for the next financial year in the National Assembly in which the budget for various sectors, especially health, has been doubled. In the budget for the next financial year, the amount allocated for health has been significantly increased to more than Rs. 25 billion. The … Read more
Leader of the opposition Shehbaz Sharif criticized the federal government today (Jun 12) for not increasing salaries and pensions of government employees in the recent Budget. According to the details, the government has announced its second annual budget in which the defence budget has been increased by 12% but there is no relief for the … Read more
Pakistan Muslim League-Nawaz (PML-N) President and Leader of the Opposition Shehbaz Sharif has rejected the second federal budget presented by the Pakistan Tehreek-e-Insaf (PTI) government termed it as anti-people. Shehbaz Sharif said that this budget will lead to a further rise in inflation and unemployment, while the business downturn has set a historic record.” The … Read more
Chaudhry Muhammad Sarfraz, Central President Punjab Teachers Union has said that he rejects the decision not to increase salaries and pensions. According to details, Chaudhry Muhammad Sarfraz, in his address to the teachers union, said that he rejects the decision not to increase salaries and pensions. On the occasion, Syed Sajjad Akbar Kazmi said that … Read more
The government has presented the budget for the fiscal year 2020-21 today (Jun 12) and assigned Rs1.324 trillion for the Public Sector Development Programme. Following are the pointers of distributions under the Public Sector Development Programme (PSDP) for various divisions and ministries for the FY 2020-2021: The total expenses of the PSDP for this fiscal … Read more
The government and opposition reached on the consensus that only a maximum of 86 members (one-fourth of the total 342-member house), 46 from the treasury and 40 from the opposition, will be present in the National Assembly at one time. This move is taken in order to ensure social distancing to curb the spread of … Read more
The federal cabinet has formally approved the federal budget for the fiscal year 2020-21, BOL News reported on Friday. The cabinet meeting held today and was chaired by the Prime Minister of Pakistan. Adviser to PM on Finance Abdul Hafeez Shaikh has briefed the cabinet about the budget. The budget will now be presented to … Read more
The federal budget for the fiscal year 2020-2021 will be presented today in the national assembly with a major focus to manage the ongoing COVID-19 pandemic. According to details, Federal Minister for Industries and Production Hammad Azhar will present the budget in the National Assembly. Budget 2020-21 will have a volume of Rs 7600 billion, … Read more
Prime Minister Imran Khan has called a special meeting of the Federal cabinet today regarding Budget 2020-21. According to details, a special cabinet meeting will be held in which officials will discuss the budget 2019-20 budget. The federal budget for this year is likely to be approved as well. The cabinet will be given a … Read more
Advisor to the Prime Minister on Commerce and Investment Razak Dawood said on Wednesday that the government will make sure new job creation in budget 2020-21 to execute its true vision in the country. The advisor said to the sources that the government will follow the three-prong strategy to accomplish the objective of producing economic … Read more
Budget 2020-21 is going to be announced soon by the Federal government in Pakistan. Pakistan Tehrik-e-Insaf-led federal government had presented its first annual budget in June 2019. Federal Minister for Revenue Hammad Azhar had presented the new budget in the parliament. It is necessary to have a glimpse of the budget 2019-20. Budget 2019-20 had … Read more
International Monetary Fund (IMF) and Pakistan agreed to raise salaries and pensions in budget talks. According to details, Electricity and gas will not be increased until October 2020. Alternative revenues have been agreed to control the budget deficit. According to sources in the Ministry of Finance, the IMF has agreed to provide relief in the … Read more
The third round of budget negotiations between Pakistan and the International Monetary Fund (IMF) have been successful in which some important decisions have been considered. The budget talks between Pakistan and the IMF have also agreed to increase salaries and pensions, and the IMF has agreed that electricity and gas will not be expensive until … Read more
President Dr. Arif Alvi visited the Upper House on Monday. The President called on Chairman Senate Muhammad Sadiq Sanjarani in his chamber. During the meeting, arrangements for the budget meeting were discussed in detail. This is the first visit of the President to the Upper House, Senate Hall and Chairman Senate Chamber. The President and … Read more
In the Budget, for the fiscal year 2020-21 to be announced on June 12; the federal government has decided to increase the defense budget in view of national security. The tax rate on basic food items will be further reduced in the next budget. Tax rates on pharmaceutical items are also likely to be reduced. … Read more
Lahore: Punjab Government has has increased twenty-seven percent budget of health. Chief Minister of Punjab Sardar Usman Buzdar said that his government has increased the 27 % budget in the health sector. According to the details, He was chairing a meeting on today (Friday) to review performance of Specialized Healthcare and Medical Education Department and ongoing … Read more
Sindh government failed to provide budget to police in its own province. According to the finance department of Sindh, 89 billion 90 crore was allocated for Sindh Police during the year 2018-19. Sindh Government allocated Rs 1290 millions for officer’s uniforms. Sindh Government has just given Rs 400 million to the Police department, sources said … Read more
