Tag Archives: Govt tightens grip on expenditure

ISLAMABAD: The government on Wednesday notified fresh mechanism for release of funds for recurrent and development budget and the policy for allocation of supplementary grants (SG) for unseen or emergency expenditures during the fiscal year 2020-21. The decision falls under the ambit of the Public Finance Management Act 2019 to streamline utilisation of federal consolidated funds in line with revenue …

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