06252016Sat
Last update: Sat, 25 Jun 2016 08am

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Rs 43.7851 bln fiscal year (2016-17) GB budget announced GILGIT: Senior Minister Gilgit-Baltistan Legislative Assembly, Haji Muhammad Akbar Taban on Friday presented Rs 43.7851 billion provincial budget for fiscal year 2016-17.The new fiscal budget includes Rs 25.361 billion of non development expenditures and Rs 12.38 billion of Annual Development Program, and allocation for food subsidies is 6.450 billion.A 10 percent increase has been made in salaries of provincial government employees and pensioners, and 4,100 new jobs in government departments will be created with the proposals in the new budget.The Public Sector Development Program has outlay of Rs 2.billion including schemes for education, health, law and order, irrigation and agriculture, communication, infrastructure, water and energy sectors.A sum of Rs 94, 96, 70,000 was allocated for education. Funds were suggested for construction of new buildings of schools, provision of basic necessary facilities to them including drinking water, walls and provision of furniture while the up gradation of schools was among the ...

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KP PA passes Supplementary Budget for FY 2015-16 PESHAWAR: Khyber Pakhtunkhwa Assembly Friday unanimously passed a Supplementary Budget of Rs 26.3 billion for financial year 2015-16 after approving all demands for grants of various departments. The supplementary grants were demanded through 50 demands by different departments. Legislators also presented cut motions on some demands for grants. However, they later withdrawn them to pave way for unopposed approval of the grants. The Speaker, Asad Qaiser also supported the stance of the Sardar Hussain Babak ...

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Enemies stoking terror to demoralize us, destablize country: COAS RAWALPINDI: Chief of Army Staff (COAS), General Raheel Sharif on Friday visited National Defence University, and addressed participants of the course.His address focused on professional matters, internal and external security situation of the country and his vision of an enduring peace within Pakistan and the region.Addressing the course participants, the COAS emphasised Pakistan's resolve and determination to confront global phenomenon of terrorism and extremism and cleanse Pakistan of this menace.He said during operation Zarb-e-Azb, Pakistani ...

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Effective border management of Pak-Afghan border in interest of both countries: Mamnoon TASHKENT: President Mamnoon Hussain on Friday said Pakistan believed that effective border management at its border with Afghanistan was in the interest of both countries.President Mamnoon in a meeting with Afghan President Ashraf Ghani, held here on the sidelines of Shanghai Cooperation Organization (SCO), termed the recent events at Torkham as unfortunate and also "against the spirit of good neighbourly relations and friendly cooperation".President Mamnoon emphasized that "focus should be on addressing the issue through ...

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Time to accelerate growth momentum of economy: Finance Minister Ishaq Dar KARACHI: Federal Minister for Finance, Revenue, Economic Affair, Muhammad Ishaq Dar has said that economic parameters have recorded significant improvement over the last three years and it is time to accelerate the growth momentum of the economy.He was addressing the Presidents of various Banks in a meeting held at State Bank of Pakistan, here on Friday.He highlighted that the foreign exchange reserve position of the country has improved significantly over the last three years and ...