budget2011

Meeting the target may help restore the suspended IMF bailout programme.

CDA proposes 90% hike in property tax; budget fails to address water, sanitation and environmental issues.

Hyderabad’s budget goes up almost Rs1b from last year.

IMF noticed problems in revenue projections and financing plan long before hand of God could be blamed for slippages.

40% of last year’s development funds spent in one city.

Balochistan Assembly unanimously approved the budget for the next fiscal year, with an outlay of Rs128.71 billion.

Opposition comprises one member who hasn’t shown up after being sworn in.

Government seems to have missed the bus on rationalising the tax system or gain the trust of the taxpayers.

Several members dismiss development fund allocations as ‘inappropriate’.

Mandokhel demands details of development spending.

No cut motion has ever been passed since Independence: opposition.

All but one give speeches on Money Bill passed on Thursday.

Sheikh is but a glorious babu, deputed to manage Pakistan’s economy on behalf of the World Bank/IMF.

Parliament approves Rs387b in additional expenditure for the outgoing fiscal year.

Speaker terms lawmaker’s critique of Chairman Senate a ‘violation of rules’.

All cut motions presented by opposition leaders rejected by the ruling party.

PPP and Bloc members help government pass Finance Bill 2011.

A document called the ‘green book’ gives details in the section on defence. However, some demands are still left out.

Province claims that the private sector is disinterested in its mines and minerals.

Major features of the finance bill remain intact.

Treasury votes down Opp cut-motions as PPP, Unification Bloc abstain.

The storm clouds are back, and global economy is threatened by global credit crisis likely to hit sovereign debt.

Cuts development spending by 10%, lowest proportion amongst all provinces.

In their bid to cling on to power, ruling parties formulate policies which are popular rather than practical.

Protesters say budget should provide for poor not the powerful.

Instea­d of discus­sing the budget, PML-F calls the educat­ion dept illite­rate and health dept ill.

The pressure Shaikh is under is obvious. Agricultural interests are over-represented in parliament and get their way.

Minister says govt has controlled crime to quite an extent.

Adopts all 66 recommendations by Senate.

Sharif’s party may dissolve the Punjab Assembly as a last resort.

Top priori­ty is to reduce fiscal defici­t that fuels inflat­ion.

The government’s vision is to bring the poor and vulnerable of the population into the mainstream of development.

Contrary to finance minister’s claim of a 34% increase, figures show the budget allocation has fallen by 6%.

‘Tax south fairly and demand for separate province will fall’.

Employees of the projects protest fearing closure.

Session starts three hours late as the house struggles to reach quorum; Rs44.5 billion budget unveiled.

40% of development money devoured by corrupt officials: MPA.

Raja Riaz criticises govt spending, says PPP will create Seraiki province.

Until Pakistan expands its tax base and growth is sustainable, provinces would need external help for projects.

The outlay is 34 per cent higher than the previous budget.

President was reportedly hesitant to go along with Pervaiz Elahi’s plan.

PML-N says Constitution requires simple majority to pass budget.

Fiscal deficit likely to stay high at 5%.

Budget debate in the lower house focuses on rhetoric against the elite.

Education budget rises by 45%, health allocation increases; Special Police in Malakand to continue functioning.

Development plan includes massive upgrades to Sindh’s power and transportation infrastructure.

Budget uncertainty holds back transactions in market: Analyst.

Experts agree that target is too low, shows lack of will.

Punjab govt plans to establish new hospitals, trauma centres.

‘Sharifs’ Raiwind residence does not qualify as farmhouse’.