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Top News In Achievement Programme Today - Breaking & Trending Today

When the chips are down - Opinion - Business Recorder - Vimarsana News

When the chips are down - Opinion - Business Recorder

When the chips are down, the going gets tough and as a consequence taking hard and strategic decisions becomes...

Hundreds of uplift projects face the axe - Business Recorder - Vimarsana News

Hundreds of uplift projects face the axe - Business Recorder

ISLAMABAD: The federal government has decided to scrape or shelve hundreds of development projects/schemes including...

Upcoming NFC: FD seeks proposals from ministries, provinces - Vimarsana News

Upcoming NFC: FD seeks proposals from ministries, provinces

ISLAMABAD: The Finance Division has sought proposals from federal ministries and provinces for the upcoming National...

Development spending stagnates amid fiscal challenges - Business - Vimarsana News

Development spending stagnates amid fiscal challenges - Business

Rs22.5bn spent in first two months, falling short of Rs950bn annual budget; PDM govt disbursed Rs61.3bn for lawmakers’ schemes within first 3 weeks of FY2024.

Source: dawn.com
pakistan economy: Pakistan's development expenditure comes to standstill amid fiscal challenges - Vimarsana News

pakistan economy: Pakistan's development expenditure comes to standstill amid fiscal challenges

Pakistan's development expenditure has slowed down significantly, with only Rs 22.5 billion spent in the first two months of the fiscal year, compared to an annual budget allocation of Rs 950 billion. The actual expenditure on core development was even lower, at just Rs 8.1 billion, excluding funds disbursed by the previous government.