PROGRESSIVE BUDGET BY PUNJAB GOVERNMENT
LAHORE: The administration of Punjab on Monday introduced the common spending plan for money related year 2020-21 (FY2020-21), with an expense of Rs2.2407 trillion — including Rs337 billion for improvement.
Tending to the Punjab Assembly, Finance Minister Makhdoom Hashim Jawan Bakht said the area would get Rs1.433 trillion under the National Finance Commission (NFC) Award, while common income was assessed at Rs317 billion during FY2020-21.
Naming the common spending plan “dynamic and professional business” given the continuous conditions, including the coronavirus pandemic, the commonplace fund serve included that the progressing use for the following year was assessed at Rs1.318 trillion, including Rs337.6 billion for pay rates.
Wholes worth Rs337 billion and Rs128.40 billion were dispensed for advancement and capital uses, while Rs125 billion was the assessed surplus for Punjab.