Tag Archives: Centre spends 44pc less on development in 1HFY23

ISLAMABAD: The federal development spending fell drastically by 43.68 per cent to Rs151.42 billion in the first half year (July-December) of the current fiscal year from Rs268.87bn over the corresponding period last year to create a space for unbridled current expenditures. In absolute terms, the expenditures so far account for 20.82pc of the total revised allocation of Rs727bn, drastically short …

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