Finance Ministry’s Expenditure Wing reiterates that purpose of reconciliation is to identify any mismatch with actual expenditure, wrong booking, or shortfall in funding under relevant head of account
Consolidation efforts on track as revenues witness increase of 63 percent, with 30 percent increase in FBR collection and 117 percent surge in non-tax revenues
This follows the change in rules by the Cabinet to enable government debt to be raised from the capital markets in addition to the State Bank of Pakistan