Extra FBR revenue to stay with Centre; "strategic needs" may require Rs1.3-1.7tr.
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• Budget likely on Friday after president summons NA, Senate sessions today
• National Economic Council finally set to meet today; KP still weighing participation
• Federal, provincial govts to jointly cover Rs800bn shortfall
• Extra FBR revenue to stay with Centre; ‘strategic needs’ may require Rs1.3-1.7tr
Centre, provinces struggle to reach consensus over fiscal space; KP says demand could push provinces into deficit.
Overall development outlay slashed by 25pc to Rs3.218tr; no new projects except for interior, defence ministries; federal PSDP…
Rs4.7tr federal, provincial development plans may be revised.
Discussions focused on current expenditure and development spending priorities, including PSDP.
KARACHI: Pakistan’s Sindh and Khyber Pakhtunkhwa (KP) provinces will present their annual budgets for the fiscal year 2025-26…
Approves Rs100bn financing facility for Pakistan State Oil; special honoraria expanded to more ministries, departments; Rs10.15bn…
