ISLAMABAD: The government has notified a fresh mechanism for annual and multi-annual financial commitment controls for all ministries, divisions and their attached departments and subordinate offices, except the Ministry of Defence, to improve the integrity of the budget and fiscal discipline. “Expenditure arrears from the previous financial years are a major source of fiscal indiscipline and poor budget credibility in …
Read More »Govt implements mechanism for fiscal integrity, discipline
March 25, 2022