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Cabinet approves federal budget for fiscal year 2020-21


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Federal cabinet has approved federal budget for the fiscal year 2020-2021.

Hafiz Sheikh special assistant to Prime Minister (PM) on finance informed the cabinet members about the contours of budget for the financial year 2020-21.

The cabinet also accorded approval to finance bill-2020 with some amendments.

According to sources the cabinet members were informed about the federal budget in the perspective of corona virus outbreak in special meeting of the cabinet held here under PM Imran Khan.

Majority of the cabinet members demanded for a considerable raise in the salaries of the government employees keeping in view the existing inflation ratio.

PM Imran Khan said on the occasion a balanced budget has been evolved in difficult situation. Special focus has been placed on social and health sectors so that maximum resources could be provided to poor segments of society. More funds are being allocated for Ehsas program because the poor people are major focus of this government. All the steps will be taken to upgrade their standard of living, PM added.

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