Commitment: Dar assures support to AJK Council 
                Dar urged the AJK Council to rationalise past commitments for development projects
                
                    
                                                                                                                    APP  
                                
                                                                                                        December 31, 2013
                                                                                                    
                        
                            Less than a minute read
                        
                     
                    
                
                
                                                                                    
                           
                        
                                    
                
                    
                
                
                                                                                            
                                        ISLAMABAD: 
            
        
            Finance Minister Senator Mohammad Ishaq Dar held a meeting with members of Azad Jammu and Kashmir Council and its Prime Minister and deliberated upon its financial issues at the Finance Ministry. The finance minister said that the government is committed to providing assistance to the AJK government but expects it to follow the policy of austerity as espoused by the present government. “Though the revenue collection has shown a significant increase of 17% over the corresponding period last year yet the present fiscal position is burdened by huge liabilities of the past,” added Dar. The Finance Minister while assuring continued federal government support, urged the AJK Council to rationalise past commitments for development projects, enhance revenue collections and limit its expenditures within the envelop of 20% of collected revenues.  For revenue enhancement, the Finance Minister offered his assistance in identifying the areas and strengthening of the collection system.
Published in The Express Tribune, January 1st, 2014. 
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
                                                            
                
                
                                                            
                            
                        
                                    
                                    
                          
                
                
                                                    
                                            
             
                            
            
        
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ