Pakistan unveils pro-development budget


FE Team | Published: June 11, 2007 00:00:00 | Updated: February 01, 2018 00:00:00


ISLAMABAD, June 10 (Agencies): Pakistan unveiled Saturday an over 1.87-trillion-rupee (about 31 billion US dollars) budget for the upcoming 2007-2008 fiscal year (July 2007 to June 2008), which envisages a pro-development expenditure.
The budget was presented by Pakistani State Minister of Finance Omar Ayub Khan in the National Assembly, lower house of the parliament. It proposes a record 520-billion-rupee allocation for development and welfare of people, out of which 52 per cent will be spent on infrastructure development and 48 per cent on welfare of people and on social sector.

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