Pakistan’s development expenditure has nearly come to a standstill, with just Rs 22.5 billion spent in the first two months (July-August) of the fiscal year, against an annual budget allocation of Rs 950 billion, Dawn reported.
In its first quarterly performance report to the Asian Development Bank (ADB) on USD 1.5 billion Building Resilience with Active Country-cyclical Expenditures (BRACE) released on Thursday, the Ministry of Finance said the financial progress remained satisfactory on Countrycyclical Developmen
New Delhi [India], Oct 17 (ANI): Vice President M Venkaiah Naidu on Wednesday cautioned political parties against resorting to vote-catching populist measures on the eve of elections, as it would ultimately affect the expenditure on development.