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Tag Archives: Rs259bn grants okayed days before fiscal year’s close

Rs259bn grants okayed days before fiscal year’s close


June 24, 2023

ISLAMABAD: The government was compelled to sanction about Rs259 billion in supplementary grants just two working days before the fiscal year ends, mainly because of massive expen­diture overruns by the Khyber Pakhtunkhwa government. The decision was taken at a meeting of the cabinet’s Eco­nomic Coordination Commi­ttee (ECC) that approved Rs250bn supplementary funds for the provinces besides allowing the export of …

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