Federal cabinet approves upcoming budget strategy paper next year
ISLAMABAD (92 News) – The federal cabinet has approved the upcoming budget strategy paper in next year on Tuesday.
Briefing the newsmen in Islamabad today regarding the federal cabinet meeting, Special Assistant on Information Dr Firdous Ashiq Awan has said that Adviser on Finance Dr Abdul Hafeez Shaikh, while giving briefing on budget strategy paper, said that unprecedented achievements have been made in a relative shorter period of time.
The cabinet overviewed the amounts spent on food security, health, higher education, tourism and other sectors. It was informed that present government has paid 5000 billion rupees debt, financially empowered the ministries and increased revenue by 17 per cent.
Under PSDP, 700 billion rupees and under public private partnership 250 billion rupees were earmarked.
It was informed that due to the bad policies of previous governments, a long term program was adopted for reducing the higher load of utility bills.