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Ministry of Finance has prepared a government budget of about Rs 511 billion for FY 2013-1. The ordinances related to budget proposals had reached the President Office for approval when this matter was sent to the press. It was to be announced after getting the Presidential approval.
The budget being announced today has no major new programme. However, it is regarded as better than that of several previous years as it is a ‘full budget’ while in the previous years there were truncated budgets. The last full-fledged budget was announced on FY 2011-12. The budget for 2013-14 has mainly focused on the so called ‘national pride projects’ and poverty alleviation programmes.
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Similarly, the budget is also focused on energy, infrastructure development, agriculture and trade promotion.
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<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
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<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
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Ministry of Finance has prepared a government budget of about Rs 511 billion for FY 2013-1. The ordinances related to budget proposals had reached the President Office for approval when this matter was sent to the press. It was to be announced after getting the Presidential approval.</div>
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The budget being announced today has no major new programme. However, it is regarded as better than that of several previous years as it is a ‘full budget’ while in the previous years there were truncated budgets. The last full-fledged budget was announced on FY 2011-12. The budget for 2013-14 has mainly focused on the so called ‘national pride projects’ and poverty alleviation programmes. </div>
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The 2013-14 budget has also made provisions for the up-coming constitutional assembly elections. So, a huge portion of budget is being allocated for the security and increment of salary of the government employees. The size of the budget has increased due to the demand of increment of salary of government employees, stated a source.</div>
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Similarly, the budget is also focused on energy, infrastructure development, agriculture and trade promotion.</div>
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'description' => 'Ministry of Finance has prepared a government budget of about Rs 511 billion for FY 2013-1.',
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