The Punjab government has proposed to increase loans for state-owned companies by giving Rs 14 billion for waste management companies. Rs 10 billion for energy holding, Rs 98 crore for LTC, and Rs 300 crore for model bazaar management company in the new financial year.
The date of the companies additional funds of two billion this year, according to budget documents, in the budget of the Punjab government companies and other subsidiaries will be given a loan of Rs 29 billion, Rawalpindi management Company include other waste management companies, including L & W M this year was given a loan of Rs 1 billion and will be given a loan of Rs 4 billion in the new fiscal year for WASA across Punjab ۔
It is also proposed to allocate Rs 14 billion for waste management companies in the new financial year. It has been proposed to allocate Rs 100 million to Punjab Energy Holding Company, Rs 300 million to Punjab Model Bazaar Management Company, and Rs 50 crore to FATA. It is proposed to allocate Rs. 98 crore for the transport company in the new financial year.
It may be recalled that on June 15, the Punjab government presented a budget of Rs. 22.40 trillion for the financial year 2020-21. Estimated next year’s estimated total expenditure budget of Rs 2115 billion, the cost estimate of the current volume estimated at 1778 billion costs have been estimated at Rs 337 billion, the government of the next fiscal year, the federal The budget did not increase salaries and pensions.
Extracted from City42 News