Pakistan News Service

Wednesday Apr 16, 2014, Jumada-al-thani 15, 1435 Hijri
Logo Logo
LATEST :
Pakistan News Home -> Kashmir -> News Details

Finance Minister discusses financial issues with AJK PM

01 January, 2014

ISLAMABAD: The Finance Minister Senator Ishaq Dar held a meeting with members of Azad Jammu and Kashmir Council to deliberate upon its financial issues at the Finance Ministry on Tuesday.

The AJ&K delegation was led by Prime Minister AJ&K Chaudhry Abdul Majeed.

The meeting was also attended by Minister-in-Charge, AJ&K Council Secretariat, Mr. Muhammad Barjees Tahir, Abdul Waheed Member of Education AJK and senior officials of AJK Government, AJK Council and Ministry of Finance.

The Finance Minister said that the Federal Government is committed to provide assistance to the AJK Government but expects it to follow the policy of austerity as espoused by the present government.

The Finance Minister said that though the revenue collection had shown a significant increase of 17% over the corresponding period last year yet the present fiscal position was burdened by huge liabilities of the past.

The Finance Minister while assuring continued federal government support, urged the AJK Council to rationalize past commitments for development projects, enhance revenue collections and limit its expenditures within the envelop of 20% of collected revenues. For revenue enhancement, the Finance Minister offered his assistance in identifying the areas and strengthening of the collection machinery.

Barjees Tahir and PM AJK assured the Finance Minister that Council will expend extra efforts in revenue generation and reducing expenditures.

They also thanked the Prime Minister for approving an extra grant of Rs.1.4 billion, on the recommendation of the Finance Minister, for meeting the deficit of the AJK Council's budget.

End.

 What do you think about the story ? Leave your comments!

Heading (Optional)
Your Comments: *

Your Name:*
E-mail (Optional):
City (Optional):
Country (Optional):
 
 
Field marked(*) are mandatory.
Note. The PakTribune will publish as many comments as possible but cannot guarantee publication of all. PakTribune keeps its rights reserved to edit the comments for reasons of clarity, brevity and morality. The external links like http:// https:// etc... are not allowed for the time being to be posted inside comments to discourage spammers.

  Speak Out View All
Artilce 6 and Musharraf Trail
Blocking Nato supply line
  Quick Vote Show Results
Question: "In view of the current situation do you think Talks with Taliban should take place only within the ambit of Article 4 of Objectives Resolution that defines our Common Purpose i.e. PM/ President down to all Pakistanis to work till we achieve the rights of Democracy, Freedom, Tolerance and Social Justice for all Pakistanis:"
Yes
No
 
Candid Corner
Exclusive by
Lt. Col. Riaz Jafri (Retd)
PM Nawaz now bound to attend Senate session once a week
Man arrested in Darya Khan for cannibalism
Suggested Sites