Pakistan News

    Budget Making In Pakistan

  • Sindh budget 2016-17: Unchanged approach to budget-making

    THE Sindh government’s agriculture budget for 2016-17 has evoked a mixed response from growers...

    For some the budget presents no innovative ideas to pull farming out of its distressed state while others stress the government needs to ensure timely development spending to improve service delivery...

  • Districts to lose budget-making powers

    Under the local government system introduced by Gen Musharraf in 2001, the city district government prepared its budget and dealt with all the financial matters...

    However, under the Punjab Local Government Act 2013, the provincial finance department will prepare the budget for the district in Lahore...

  • MPAs demand role in budget making

    LAHORE: Punjab Assembly members demanded standing committees’ role in the preparation of the budget, which remained under discussion for the second consecutive day in the House here on Tuesday...

    The Jamaat-i-Islami (JI) termed the budget an unconstitutional financial plan for its being interest-based though the same financial measures are in operation in Khyber Pakhtunkhwa (KP) where the JI is in power...

  • Flexibility in budget-making

    THE amended FY16 budget passed by the National Assembly at the end of a 19-day session on June 23 accommodated many recommendations of the opposition-led Senate Standing Committee on Finance...

    “Most followers of the budget proposals were dismayed by media reports of the lacklustre parliamentary debate on the path-setting document,” Atif Bajwa, president of the Overseas Investors Chamber of Commerce and Industry (OICCI), said in an...

  • KP DCs get oversight, guidance role on budget-making by district govts

    PESHAWAR: The Khyber Pakhtunkhwa local government and rural development department has notified budget rules for all three tiers of local government system in the province, giving powers to the respective deputy commissioners of overall oversight and guidance on the budget’s preparation and its submission to the district governments...

    “The budget rules are for the city district government, tehsil and municipal administration and...

  • Budget speech and no budget for opposition

    LAHORE: Opposition chose Punjab Finance Minister Dr Ayesha Ghaus Pasha’s budget 2015-16 speech in the presence of Chief Minister Shahbaz Sharif in the Punjab Assembly on Friday a perfect occasion to register their protest for not getting development funds for the last two years...

    Wearing black armbands, opposition parties Pakistan Tehreek-i-Insaf, PML-Q and PPP, led by Opposition Leader Mahmoodur Rasheed, gathered in front of...

  • Balochistan Budget 2017-18: Rs52.1bn deficit budget announced

    1bn or 15pc of the total budget outlay...

    7bn) of the total proposed expenditure will be spent on pay and pensions of provincial government employees and well over a quarter (Rs86bn) on the development of social and economic infrastructure to ‘reap the benefits of the China-Pakistan Economic Corridor (CPEC)’...

  • KP Budget 2017-18: KP budget focuses on rapid transport, education

    • Salary head claims Rs218bn • Unrealistic target set for taxmanPESHAWAR: The Khyber Pakhtun­khwa government on Wednesday presented its Rs603 billion election-year budget, promising a Rapid Bus Transit corridor for the provincial capital at a cost of Rs53bn...

    Finance Minister Muzafar Said presented the budget in the provincial assembly, which he termed ‘tax-free and balanced’...

  • SINDH BUDGET 2016-17 : Rs10bn budget for Karachi’s infrastructure

    KARACHI: Without announcing any special package for the country’s commercial capital in its fiscal budget 2016-17, the Sindh government on Saturday allocated Rs10 billion “for major infrastructure projects of Karachi” including the construction of three flyovers and as many underpasses and upgrade/renovation of a couple of major roads...

    In his budget speech in the provincial assembly, Sindh Finance Minister Murad Ali Shah said:...

  • KP BUDGET 2016-17: KP unveils Rs505 billion budget

    PESHAWAR: Khyber Pakhtunkhwa’s Rs505 billion budget for the financial year 2016-17 sets aside Rs161bn for the annual development programme (ADP), including Rs36bn foreign assistance, and proposes to create 36,232 jobs, mostly in the health and education sectors...

    KP Finance Minister Muzafar Said, who presented the budget in the provincial assembly on Tuesday amid slogans by opposition members, termed it a balanced budget...

  • Budget 2016-17: Budget and political storms

    Once again the budget is being drawn up in the middle of a political storm...

    PAKISTAN has had a chequered economic history since the sixties when we were about to take off courtesy better planning and consistency in our economic policies...

  • Lahore flowers budget higher than south Punjab’s health budget: Bilawal

    Multan: Pakistan Peop­les Party chairman Bilawal Bhutto-Zardari deplored that religion was being used to play politics in the country and said that the PPP did not believe in linking religion with politics...

    Lashing out at the Pakistan Tehreek-i-Insaf (PTI) chief, Mr Bhutto-Zardari said that Imran Khan was an ideological soldier of Maulana Samiul Haq...

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