AGL 38.54 Increased By ▲ 0.97 (2.58%)
AIRLINK 129.50 Decreased By ▼ -3.00 (-2.26%)
BOP 5.61 Decreased By ▼ -0.03 (-0.53%)
CNERGY 3.86 Increased By ▲ 0.09 (2.39%)
DCL 8.73 Decreased By ▼ -0.14 (-1.58%)
DFML 41.76 Increased By ▲ 0.76 (1.85%)
DGKC 88.30 Decreased By ▼ -1.86 (-2.06%)
FCCL 35.00 Decreased By ▼ -0.08 (-0.23%)
FFBL 67.35 Increased By ▲ 0.85 (1.28%)
FFL 10.61 Increased By ▲ 0.46 (4.53%)
HUBC 108.76 Increased By ▲ 2.36 (2.22%)
HUMNL 14.66 Increased By ▲ 1.26 (9.4%)
KEL 4.75 Decreased By ▼ -0.11 (-2.26%)
KOSM 6.95 Increased By ▲ 0.10 (1.46%)
MLCF 41.65 Decreased By ▼ -0.15 (-0.36%)
NBP 59.60 Increased By ▲ 1.02 (1.74%)
OGDC 183.00 Increased By ▲ 1.75 (0.97%)
PAEL 26.25 Increased By ▲ 0.55 (2.14%)
PIBTL 5.97 Increased By ▲ 0.14 (2.4%)
PPL 146.70 Decreased By ▼ -1.70 (-1.15%)
PRL 23.61 Increased By ▲ 0.39 (1.68%)
PTC 16.56 Increased By ▲ 1.32 (8.66%)
SEARL 68.30 Decreased By ▼ -0.49 (-0.71%)
TELE 7.23 Decreased By ▼ -0.01 (-0.14%)
TOMCL 35.95 Decreased By ▼ -0.05 (-0.14%)
TPLP 7.85 Increased By ▲ 0.45 (6.08%)
TREET 14.20 Decreased By ▼ -0.04 (-0.28%)
TRG 50.45 Decreased By ▼ -0.40 (-0.79%)
UNITY 26.75 Increased By ▲ 0.35 (1.33%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,806 Increased By 37.8 (0.39%)
BR30 29,678 Increased By 278.1 (0.95%)
KSE100 92,304 Increased By 366.3 (0.4%)
KSE30 28,840 Increased By 96.6 (0.34%)

Punjab Finance Minister Dr Ayesha Ghous Pasha on Monday presented amid protest by opposition Rs 1898 billion supplementary budget for the year 2017-18 in addition to Rs 85 billion revised budget for the current financial year. The budget session was presided over by Punjab Assembly Speaker Rana Muhammad Iqbal Khan.
The Minister said they are presenting a supplementary budget because according to the Article 125 and 126 of the constitution the government cannot present the budget for the year 2018-19 at the end of its tenure. So the provincial government has decided to leave the matter regarding presentation of budget 2018-19 to the next elected provincial government, she added.
She said this year the development budget is of Rs 635 billion. The government''s priority is the Orange Line Project and power houses and it has allocated record amounts for these purposes. She claimed that they had completed all the power projects.
Unfolding the supplementary budget, Dr Ayesha said the government has spent more than Rs 19 billion in education sector and over Rs 17 billion in health sector. The government has spent more than Rs 5 billion on police, Rs 19 billion on construction of roads and bridges, Rs 760 million on agriculture sector, Rs 76.5 million on development of fisheries sector, Rs 2.84 billion on of irrigation sector, Rs 750 million on industry, Rs 189 million on buying sugar and other agriculture products, Rs 822 million on administration of justice and it demanded an approval of more than Rs 126 million collected in the form of provincial excise, she said.
Earlier, opposition leader in the Punjab Assembly Mian Mahmood-ur-Rashid while speaking on a point of order demanded that a case should be registered against former prime minister Nawaz Sharif under Article 6 of the constitution for his remarks on the Mumbai attacks. The Pakistan Tehreek-e-Insaf also submitted two resolutions against Nawaz which were submitted by Mehmood-ur-Rasheed and Dr Murad Raas.

Copyright Business Recorder, 2018

Comments

Comments are closed.