Times of Islamabad

Punjab budget for fiscal year 2018-19 presented with overlay of Rs 2026 billions

Punjab budget for fiscal year 2018-19 presented with overlay of Rs 2026 billions

LAHORE – Punjab budget for the remaining eight months of fiscal year2018-19 with a total outlay of 2026.51 billion rupees was presented in thePunjab Assembly this evening. Finance Minister Hashim Jawan Bakht presentedthe budget.

In his speech, the Finance Minister said that PTI’s first hundred daysagenda will lay foundation of a progressive and prosper Punjab. He saidthat PTI reforms agenda is public friendly.

He said that receipt of Revenue have been estimated 1652 billion rupeeswhereas an amount of 1276 billion rupees will be received from FederalDivisible Pool.

He said provincial revenue has been estimated at 376 billion rupees whilethe current expenditure estimate for the ongoing fiscal year is 1264billion rupees.

He said that an amount of 238 billion rupees has been proposed for AnnualDevelopment Programme.