Home » Regional » Khyber-Pakhtunkhwa mulls diverting funds to combat coronavirus

Khyber-Pakhtunkhwa mulls diverting funds to combat coronavirus

by Pakistan Latest News Update



PESHAWAR: The variety of novel coronavirus (Covid-19) sufferers continually rising, the provincial authorities is contemplating choices to fund a response, together with cuts to the annual growth programme and diverting cash for stemming the unfold of the virus within the province.

A high official of the Khyber-Pakhtunkhwa (Khyber-Pakhtunkhwa) instructed The Categorical Tribune that the federal government is contemplating completely different alternate options, together with an entire suspension of the Annual Improvement Programme (ADP) for the fiscal 12 months 2019-2020, or making cuts to it.

The choice is being taken maintaining in view the post-Covid-19 scenario, the official stated, including that out of the Rs900 billion earmarked within the provincial funds, the provincial authorities had allotted Rs319 billion for the ADP.

The official additional stated that the provincial authorities had aimed to allocate an estimated Rs968 billion for the fiscal 12 months 2020-21, nonetheless, it appears that evidently the federal government must change it due to the Covid-19 fallout.

Printed in The Categorical Tribune, March 30th, 2020.

Source link

You may also like

Leave a Comment