Pakistan Print 2023-06-11

FDA: pre-budget meeting

  • Examines the previous financial year's budget estimates and directs the multidimensional development and administrative proposals
Published June 11, 2023

FAISALABAD: Faisalabad Development Authority (FDA) Director General Muhammad Asif Ch presided over the pre-budget meeting relating to FDA and reviewed the different budget proposals.

He examined the previous financial year's budget estimates and directed the multidimensional development and administrative proposals of a far-sighted approach to be devised in the next financial year budget of FDA for expanding the urban development programme besides strengthening the financial position of authority by generating further income resources.

He advised that all the targets of recoveries should be realistic. He said that the next financial year budget should be comprehensive and all proposals be discussed in large to make them sustainable and practicable.

DG FDA maintained that a concrete line of action is adopted for the sale of available plots in FDA City and other residential colonies/commercial markets for raising the financial resources. He directed for preparation a feasible business model to utilize the land owned of FDA. He urged upon mobilizing the field staff to achieve the recovery targets and said that action should be taken against the defaulter allotees.

During the meeting, various budget proposals came under discussion.

Copyright Business Recorder, 2023

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