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Home Breaking News

Govt considering to announce federal budget 2020/2021 in May

byCT Report
08/01/2020
in Breaking News, Islamabad, Latest News
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ISLAMABAD: The government is planning to present federal budget 2020/2021 in the cabinet and the parliament in the month of May this year.
The finance ministry on Wednesday issued budget call circular for the schedule of budget making process and its presentation in the parliament.
The finance ministry has given tentative schedule of presenting the budget 2020/2021 in May 2020 before the cabinet and the parliament.
The circular further said that the completion of all budget documents, schedules and summaries for the cabinet shall be completed by last week of April 2020.
On April 10, 2020 the principal account office shall submit BO/NIS forms, already entered into SAP system by respective PAOs, for development expenditure to the Budget Wing, Finance Division. Fair copies of the NISs for Development / Capital budget may be sent to Budget Implementation-II Section of Budget Wing, Finance Division after the same have been countersigned by the relevant Technical Section / Programming Section of the Planning, Development and Special Initiatives Division.
On the same date the office shall submit BO/NIS forms, already entered into SAP system by respective PAOs, for current expenditure to the Budget Wing, Finance Division.

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