Special focus on reducing non-development expenditure in the budget, Prime Minister – Express Urdu

In the assembly, Finance Advisor Abdul Hafeez Sheikh briefed the Prime Minister concerning the funds. Photo, file

Islamabad: Prime Minister Imran Khan has directed the Finance Adviser to pay particular consideration to lowering non-development expenditure within the funds for the following monetary yr.

According to Express News, in a high-level assembly on the proposed funds for the following monetary yr, he mentioned that estimates of growth expenditure needs to be finalized in session with the provinces. In order to scale back the burden of pointless authorities expenditure on the individuals, particular consideration needs to be paid within the subsequent funds to scale back non-development expenditure.

He mentioned that the nation's growth wants to make sure full participation of the personal sector in growth initiatives, so the promotion of public-private partnership is a matter of urgency.

The Prime Minister mentioned that the funds ought to make sure the rehabilitation and growth of the economic sector affected by the disaster attributable to the Corona virus epidemic and the very best and most effective use of presidency subsidies. Promoting the economic course of and offering all attainable services to the enterprise neighborhood is the highest precedence of the present authorities.

Also learn: Federal budget drafted, duties and taxes reduced expected

At the assembly, Dr. Abdul Hafeez Sheikh, Finance Adviser, outlined the income and expenditure for the present monetary yr and estimates for the following funds and in addition briefed the Prime Minister on the funds priorities for the following monetary yr. He additionally briefed the Prime Minister on the progress made to date in reforming the FBR.

Government MPs instructed to attend the funds assembly

A gathering of presidency spokespersons was held beneath the chairmanship of the Prime Minister wherein he issued particular directions to the federal government MPs to make sure their participation within the funds assembly and to participate within the proceedings. On this event, Dr. Babar Awan, Advisor to the Prime Minister additionally gave an essential briefing on Parliamentary Affairs and Budget Session.

 

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