Punjab unveils over Rs2026b budget for remaining 8 months of FY 2018-19

LAHORE – Punjab budget for the remaining 8 months of fiscal year 2018-19 with a total outlay of Rs 2026.51 billion was presented in the Punjab Assembly on Tuesday evening. Finance Minister Hashim Jawan Bakht presented the budget.

In his speech, the finance minister said that PTI’s first 100 days agenda will lay foundation of a progressive and prosper Punjab. PTI reforms agenda is public-friendly, he added.

He said that receipt of revenue have been estimated Rs 1652 billion whereas an amount of Rs 1276 billion will be received from Federal Divisible Pool.

The finance minister said provincial revenue has been estimated at Rs 376 billion while the current expenditure estimate for the ongoing fiscal year is Rs 1264 billion.

He said that an amount of Rs 238 billion has been proposed for Annual Development Programme.

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