Punjab cabinet approves budget 2019-20

LAHORE, Jun 14 (APP):Punjab Chief Minister Sardar Usman Buzdar presided over the provincial cabinet meeting at 90-Shahrah Quaid-e-Azam on Friday in which provincial budget 2019-20 was approved.

The meeting unanimously approved budget proposals 2019-20 along with the approval of finance bill 2019. The meeting also approved supplementary budget 2018-19 and revised estimates for the financial year 2018-19. It was decided to impose a ban on transfer of funds of three south Punjab divisions to any other area and the decision was also made that the funds allocated for south Punjab would be exclusively utilized for the same purpose.

Chief Minister Usman Buzdar and provincial ministers voluntarily announced a ten per cent cut in their salaries and the chief minister commended the performance of Provincial Finance Minister Hashim Jawan Bakht, Advisor Dr Salman Shah, chief secretary, chairman P&D, secretary finance and others, adding that the team had completed difficult phase of budget preparation with hardwork and that they were thankful to the whole team in this regard.