Stories from Shahbaz Rana
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Proposed budget share: 2% for higher education, 20% for military
Allocation for HEC 5% higher than current year, 20% lower than requested for next year.
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Proposed allocation: BISP budget 20% higher yet below requirement
Finance ministry claims large budget will be meaningless since the programme is plagued by constraints.
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Pakistan, US to reconsider assistance programme
Fruits of $7.5b Kerry-Lugar package remain largely invisible.
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Subsidies worth Rs1.4 trillion given in four years
Biggest chunk of Rs1.12 trillion swallowed by power sector.
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Election year budget: Prudence trumps populism in first draft
Cabinet approves strategy paper; ministers demand more subsidies.
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3G spectrum: Auction body rejects firms selected for consultancy
Committee unsatisfied with PTA’s selection process.
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Rich-poor gap to widen further due to power outages, falling investment: ADB
State-owned enterprises are heavily draining fiscal resources and their losses are on the rise.
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Federal development spending: Ministry proposes 17% hike, final figure to be higher
Govt bodies and ministries ask for more funds; send demands for review.
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Changing platform: Banks concerned over shifting of institutional investments
Ask govt to withdraw the lifting of ban on investments in NSS.
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Govt promises fiscal discipline in budget
Plans to cut deficit by 0.5%, increase tax collection.









