Tag: budget

  • Budget 2019-20: Expenses worth Rs2.3 million a day proposed for PM’s Office

    Budget 2019-20: Expenses worth Rs2.3 million a day proposed for PM’s Office

    Funds worth Rs860.28 million have been allocated for the Prime Minister’s (PM) Office in the federal budget for the fiscal year 2019-20, the Ministry of Finance has said.

    According to the proposed allocation, PM Office’s daily expenditure stands at Rs2.36 million (Rs2,356,931) at 365 days a year, which contradicts the Pakistan Tehreek-e-Insaf (PTI) government’s earlier claims of reducing expenses for austerity.

    The proposal to spend over Rs2 million a day from taxpayers’ money comes just months after dozens of cattle and excess luxury cars of the PM House were auctioned to save money.

    The development had come after PM Imran Khan, in his first address to the nation on August 19, announced the austerity drive and vowed to cut down on government expenses.

  • Rs410m approved for maintenance of two VVIP aircraft as PTI touts austerity

    Rs410m approved for maintenance of two VVIP aircraft as PTI touts austerity

    The federal government has approved an additional amount of Rs410 million for the repair and maintenance of two VVIP Gulfstream aircraft said to be in use of President Dr Arif Alvi and Prime Minister (PM) Imran Khan, The News reported.

    The supplementary grant, that comes as Pakistan Tehreek-e-Insaf (PTI) touts austerity to lessen the burden on the national treasury, was sanctioned in March 2019 by the Economic Coordination Committee (ECC).

    It has now been reflected in the budget document for formal approval by the parliament.

    The report further said that the Defence Production Division is responsible for the maintenance of these aircraft, however, ECC had failed to resolve differences between Ministry of Defence Production and Pakistan Air Force (PAF) regarding the transfer of said funds.

    Directorate General Defence Procurement had purchased the two VVIP aircraft (one brand new and one used) at a cost of $58.55 million ($58, 550,924) in September 2005 on the directions of Ministries of Finance and Defence.

  • VIDEO: PM Imran spotted dancing ‘to mock opposition’ during budget session

    VIDEO: PM Imran spotted dancing ‘to mock opposition’ during budget session

    Prime Minister (PM) Imran Khan has been spotted dancing on the floor of the National Assembly, in what appears to be an attempt to mock the opposition.

    As per the details, the Pakistan Tehreek-e-Insaf (PTI) government on Tuesday presented its first federal budget while members of opposition parties recorded a strong protest against PM Imran.

    They raised slogans, held placards and wore black armbands during Revenue Minister Hammad Azhar’s budget speech.

    As the minister concluded presenting the budget, the premier was seen being escorted out of the house, waving his hands in the air — suggesting he was least bothered about the ruckus.

    WATCH VIDEO:

    Earlier, a Rs7 trillion austerity budget for the fiscal year 2019-20 was presented by the PTI government. It received severe criticism from opposition parties who termed the budget “anti-people”.