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budget

Budget deficit hits Rs 922bn in five months
Budget

Budget deficit hits Rs 922bn in five months

  • According to Finance Ministry figures, the federal government's expenditure during the last five months was Rs 2.4 trillion, of which Rs 244 billion was spent on debt repayment.
Published 14 Jan, 2021 02:40pm
U.S, Israel’s bid to oppose U.N’s annual budget over alleged bias against Jerusalem receives no support at the forum
World

U.S, Israel’s bid to oppose U.N’s annual budget over alleged bias against Jerusalem receives no support at the forum

  • On Thursday, the outgoing Trump Administration launched a last ditch appeal supporting Israel in the United Nations, by voting against the organisation's annual budget - which found no international support.
  • As a result, the United Nations General Assembly approving a $3.231 billion budget for 2021, with 167 nations in favour and only the United States and Israel in contention.
Updated 01 Jan, 2021 12:21pm