Budgetary allocations depend on IMF’s nod Top Story May 20, 2021 ISLAMABAD: With the decision to jack up development outlay by Rs100 billion from earlier allocation of Rs800 billion to Rs900 billion for the upcoming budget 2021-22, the government has decided to revisit the Budget Strategy Paper (BSP) for creating increased fiscal space for utilising more resources for combating the COVID pandemic. The government has decided to freeze current expenditures and only salaries increase in the range of 15 to 20 percent will be made part of the budget. However, all this will depend on how the IMF responds to all these budgetary allocations as important round of virtual discussions is expected to take place in the first week of June, 2021 between the two sides.