ISLAMABAD, Jun 11 (APP):The government has allocated an amount of Rs 12,047.516 million for various development projects of Ministry of National Food Security and Research in Public Sector Development Program (PSDP) 2019-20. The amount would be spent on 16 ongoing and 24 new developmental schemes under PSDP 2019-20 for the uplift of agriculture and livestock… Continue reading Rs 12,047 million allocated for National Food Security in PSDP
Category: Budget 2019-20
Rs 7.9 bn earmarked for development schemes of Planning, Development division
ISLAMABAD, Jun 11 (APP):The government has earmarked Rs 7.963 billion for various new and ongoing schemes of the Planning, Development and Reforms Division under the Public Sector Development Programme (PSDP) 2019-20. According to the budgetary document released here on Tuesday, the government has proposed allocation of Rs 3.624 billion for 16 ongoing schemes and another… Continue reading Rs 7.9 bn earmarked for development schemes of Planning, Development division
Govt specifies Rs 74,236 mln for power division projects
ISLAMABAD, Jun 11 (APP):The government has specified Rs.74,236.350 million for various ongoing and new power projects under Public Sector Development Programme (PSDP) for next fiscal year 2019-20. According to the budgetary documents, an amount of Rs.68,143.947 million has been earmarked for ongoing while Rs.6,092 million for 17 new schemes in the PSDP 20198-20.
Govt allocates Rs 36.8 bln for Finance Division projects
ISLAMABAD, Jun 11 (APP):The federal government has allocated Rs 36821.749 million for 42 projects of Finance Division under Public Sector Development Program (PSDP) for the upcoming fiscal year 2019-20. According to the budgetary document, Rs 7938.772 million have been allocated for 23 ongoing development projects, Rs 3609 million for 14 new schemes and Rs 25273.977… Continue reading Govt allocates Rs 36.8 bln for Finance Division projects
Capital’s budget chunk goes to roads, hospital & tourism
ISLAMABAD, Jun 11 (APP):From uplift of roads, a 200-bed hospital, tourism facilitation centre to a model prison – the Budget 2019-20 for Islamabad Capital Territory (ICT) is all about the development of key areas. The Koral to Rawat section of Islamabad Expressway that regularly witnesses heavy traffic congestion, has received Rs 425 million. For ICT’s… Continue reading Capital’s budget chunk goes to roads, hospital & tourism
KP likely to unveil Rs 657.25 bln annual budget 2019-20 with Rs200 bln ADP
PESHAWAR June 11 (APP):Khyber Pakhtunkhwa government is likely to unveil Rs 657.25 billion annual budget 2019-20 carrying Rs200 billion annual development programme with main focus on social sector development. Sources in KP Government informed APP on Tuesday that current revenue expenditure has been pitched at Rs475.25 billion for the next fiscal, indicating Rs182 billion surplus… Continue reading KP likely to unveil Rs 657.25 bln annual budget 2019-20 with Rs200 bln ADP
Rs 200 bln subsidy to be given to electricity consumers using less than 300 units per month
ISLAMABAD, Jun 11 (APP):A subsidy of over Rs 200 billion is being proposed in the coming fiscal year for around 75 per cent electricity consumers using less than 300 units per month, said Minister of State for Revenue Hammad Azhar in his budget speech on Tuesday. He said under the Government would provide electricity to… Continue reading Rs 200 bln subsidy to be given to electricity consumers using less than 300 units per month
Govt presents best budget in prevailing economic conditions: Shabbar Zaidi
ISLAMABAD, Jun 11 (APP):Chairman Federal Board of Revenue (FBR) Shabbar Zaidi on Tuesday said the government had presented a best budget in prevailing economic conditions. Talking to media here outside the parliament house, he made it clear that there was no new tax on those who were in tax net already while taxes would be… Continue reading Govt presents best budget in prevailing economic conditions: Shabbar Zaidi
Ehsaas programme to focus on underprivileged people : Hammad
ISLAMABAD, Jun 11 (APP):The Federal Government has initiated an Ehsaas programme with special focus on the underprivileged, to provide them nutritious food through a ration card scheme and interest-free loans. In his budget speech on Tuesday, the Minister of State for Revenue Hammad Azhar said the beneficiaries of Ehsaas programme will be those who are… Continue reading Ehsaas programme to focus on underprivileged people : Hammad
Budget speech consumes 87% of NA proceedings
ISLAMABAD, June 11 (APP):Minister of State for Revenue Hammad Azhar presented the federal budget for the year 2019-20 in the National Assembly on Tuesday and his speech continued for an hour and 26 minutes, consuming 87 percent of proceeding’s time. The second sitting of the 11th session witnessed presentation of the budget and it continued… Continue reading Budget speech consumes 87% of NA proceedings
Rs 200 b allocated for road, rail network
ISLAMABAD, Jun 11 (APP):Around Rs 200 billion had been allocated in the next fiscal year budget for the road and rail network, which also formed part of the China Pakistan Economic Corridor (CPEC) , Minister of State for Revenue Hammad Azhar said in his budget speech on Tuesday. Out of Rs 200 billion, he said,… Continue reading Rs 200 b allocated for road, rail network
Budget Session to continue till June 29
ISLAMABAD, June 10 (APP):National Assembly Speaker Asad Qaiser Monday chaired a meeting of the House Business Advisory Committee in the Parliament House to discuss the tentative schedule for the Budget Session of the National Assembly It was decided that Budget Session will continue till June, 29. It was decided that general discussion on the Budget… Continue reading Budget Session to continue till June 29
Budget 2019-20 to put country on road of progress, prosperity: Amin Aslam
ISLAMABAD, June 10 (APP):Advisor to Prime Minister on Climate Change Amin Aslam Monday said the budget 2019-20 had been finalized as per vision of Prime Minister Imran Khan and it would help put the country on road of progress and prosperity. Talking to media persons outside the Parliament House, he said the government of Pakistan… Continue reading Budget 2019-20 to put country on road of progress, prosperity: Amin Aslam
PTI government all set to unveil its first budget on Tuesday
ISLAMABAD, Jun 09 (APP):The Pakistan Tahreek-i-Insaf led government is all set to present its first Federal Budget for the fiscal year 2019-20 in the Parliament on June 11 (Tuesday). The budget envisages fiscal management, revenue mobilization, measures for economic stabilization and growth, reduction in non-development expenditures; boosting exports besides providing relief to the masses, promoting… Continue reading PTI government all set to unveil its first budget on Tuesday