Government, despite the financial crisis next year’s budget, will have a surplus fiscal year 21 -2020. A budget surplus of Rs 210 billion will be seen.
The Punjab Finance Department has estimated the total revenue of the Punjab government in the budget for the new financial year 21-2020 at Rs. 2380 billion, out of which the general revenue receipts are estimated at Rs. 84.17 trillion.
The Treasury Department Punjab, the Punjab government’s next fiscal year, despite the financial crisis, the budget will have a surplus, fiscal year 21 -2020. A budget surplus of Rs 210 billion budget to the government in the next fiscal year’s expenditure estimated at Rs 2179 billion will the total provincial costs current at the expense of volume has been proposed at Rs 1427 billion.
According to sources, current capital expenditure has been estimated at Rs 694 billion, (food) has been estimated at Rs 334 billion while development expenditure has been estimated at Rs 322 billion.
The federal government ‘s budget Punjab to which is expected on June 12 budget will be presented next year’s provincial budget is likely to be more than Rs 3 trillion. Punjab health of Coronavirus for the next financial year will allocate a huge budget for development while the development budget is also likely to increase.
The government said the budget has sought the opinion of the people for making budget, citizens can give their opinions via e-mail or postal service. The Punjab government has issued an advertisement for the preparation of the budget for the new financial year. In the advertisement, the people have been asked in which sectors the Punjab government should spend. The people have been given options on economic rehabilitation, social security and investment opportunities.
Extracted from City42 News