KARACHI: Sindh Chief Minister Syed Murad Ali Shah presided over a meeting of Finance department to assess the financial position of the provincial government.
According to the finance department as per budget estimates the federal government has to transfer Rs. 605.3 billion during the current financial year, said a statement on Monday.
The 10-months estimates comes to Rs. 504.4 billion but they have transferred only Rs. 380 billion to Sindh government which shows a shortfall of Rs. 123.5 billion.
The chief minister decided to curtail non-development expenditures and axed releases to slow moving on-going development schemes so that the schemes going on at fast track could be completed.
The Sindh CM also directed finance department to release budget to the essential services.
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