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Federal Cabinet approves budget 2020-21

Komal FatimaWeb Editor

12th Jun, 2020. 01:54 pm
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Federal Cabinet approves budget 2020-21

The federal cabinet has formally approved the federal budget for the fiscal year 2020-21, BOL News reported on Friday.

The cabinet meeting held today and was chaired by the Prime Minister of Pakistan.

Adviser to PM on Finance Abdul Hafeez Shaikh has briefed the cabinet about the budget.

The budget will now be presented to the National Assembly for approval.

Disagreements were seen in the cabinet whether the salaries of federal government employees should be increased.

Budget 2020-21: Which ministry gets how much development funds?

Which Ministry will get how much development funds? Which ministry will not be considered? BOL News has revealed the information regarding budget allocated for the different departments and sectors in Pakistan.

According to sources, the total volume of the federal development budget for the next financial year has been allocated Rs. 650 billion.

It has been suggested the budget for the fight against coronavirus pandemic and other natural disasters will be Rs 70 billion.

Budget for Prime Minister’s youth and skills program, Gas Infrastructure Development has not been allocated. In addition to this, the clean green Pakistan movement has been excluded from the budget 2020-21. TDP Rehabilitation and Security Enhancement Program have also not been a part of this year’s budget.

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