Budget2015-16

For Pakistan to be competitive in world economy, its private sector needs to be able to compete on its own strength

Federal govt to release Rs4 billion from the previous budget which will be utilised for development projects

Outlay is 17% less than budget passed by the civic agency in 2014-15

Rs21.984 billion has been allocated for non-development expenditures

Says industries and businesses have and will move out of Sindh.

Certification requirement redundant: official.

Khalid Langove says their complaints don’t matter

OAKF representative says big money reserved for hometowns of bigwigs

Malhi demands explanation for derogatory comments

Incorporating Senate’s non-binding suggestions is an admirable adherence to unwritten constitutional conventions

Dr Malik said that the opposition’s reservations will be addressed soon

The civic body hopes to carry out over 100 development schemes this year

The cast of characters in the provincial capitals is as varied as the nation they represent

total receipt frm federal govt during the current fiscal year remains Rs369.13b against the revised estimate of Rs423b

Say further concession will increase smuggling, hurt industry

Analysts discuss the budget, reflecting on previous allocations and how effectively the money is used

Any inequity in CPEC's execution will detract from what should be the great equaliser for Pakistan’s political economy

The budget ought to be judged by the allocations for education, health and local governance

Province to spend Rs14b on power, Quetta gets lion’s share of development funds

Brokers say BoD hesitant to express views boldly to finance ministry

Opposition to protest against Model Town killings in assembly today

OICCI urged Finance Minister Ishaq Dar to review the proposed budget document

Says construction and textile given undue advantage

Fiercely resist reduction in import duty on milk powder

Parlimentary leader Nisar Ahmed Khoro presiding over a meeting of parlimentary leaders regarding sindh budget

There are no bold measures in the ‘shadow’ budget of the PTI that seem capable of kick-starting the economy

Leaders say condition of civic facilities speaks volumes about government’s apathy

MQM claims several of current year’s schemes for Karachi have been removed from upcoming year’s budget

Speakers term financial plan unrealistic, unproductive

More than Rs151 million set aside for six new schemes

Mass transit system makes reappearance with similar project, feasibility numbers.

Of the total Rs488 billion outlay, Rs314 billion has been allocated for current expenditure

Indians are happy to invest in their own countries, but our movers & shakers want to park their money elsewhere

Nishtar Hall, religious sites to be renovated

Finance minister says govt laid major emphasis on health sector

Of Rs32.74b, Rs28.56b is for salaries, Rs4.18 for operational expenses

Rs88.27 billion for financial year 2015-16 for elementary and secondary education

Around 30% of ADP for local bodies in addition to Rs102b

Government expected to allocate Rs50 billion for development, while the non-development budget is around Rs75 billion

Says the province utilised a record 75 per cent of its development budget in the current fiscal year.

Next largest slice of the pie allocated to water and sanitation schemes.

No new development schemes have been proposed for the department in the upcoming year .

Asks beverage industry to wait for decision until the end of budget debate.

Thar infrastructure schemes get most of the funds.

Indirect taxes, as a result, form 91.9% of total projected receipts.

Sindh budget proposes to cut GST on telecom services to 18%.

A Tax Reform Unit will be set up in the Finance Department.

Finance minister says Rs5 billion will be generated through infrastructure development cess.

I wish someone would stand up in NA, thump the table and say most of what is discussed is a lot of twaddle

Finance Minister Latif Akbar says govt concentrating on increasing revenue to make AJK economically self reliant