According to a report by Baaghi TV, the federal government has allocated Rs 360.918 million for 12 schemes of the Ministry of Information and Broadcasting for the financial year 2020-21.
According to the Public Sector Development Program (PSDP 2020-21), 100 million for 100 kW medium wave radio station Gwadar, 100 million for innovation in PTV cameras and equipment, 19.663 million for Barkan re-broadcasting station. 15 million for Neelam Broadcasting Station and 25.41 million for Re-Broadcasting Station Kharan (Balochistan).
12.225 million for re-broadcasting station Sharda Neelam Valley, 7.720 million for re-broadcasting station Ziarat (Balochistan), 40 million for rehabilitation of medium views station Muzaffarabad, 40 million for replacement of Mirpur transmitter and DT in new scheme. 50.918 million has been allocated for MB’s pilot project.
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Budget for the financial year 2020-21
Presenting the budget in the National Assembly, Federal Minister Hammad Azhar said that our economic policies are for the welfare of the people, it is an honor to present the second budget of PTI, accountability process will be continued, our main goal is to revive the economy.
If the government took over, the current account deficit of 20 billion would increase the FBR’s revenue by 17% in the thirteenth year.
Hammad Azhar further said that the current account deficit was at an extreme level of 20 billion, the budget deficit had reached the peak of 2300 billion, the elimination of corruption in 2 years, accountability remained the guiding principle, the economy started from a difficult journey.
No new taxes imposed in the budget of FY 2020-21
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Steps have been taken for rehabilitation, past heavy debt payments have burdened the country with Rs 5,000 billion, created job opportunities for 1 million Pakistanis abroad.
Hammad Azhar further said that FBR’s revenue has increased by 17% this year, interest of Rs 5,000 billion has been paid during the two-year tenure, 74% of internal loans have been converted into long-term loans, we have stopped borrowing from SBP for budget financing, foreign investment. Launched an easy business policy to bring in Pakistan.
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