Funds meant for tackling poverty mainly spent on salaries, other areas - News Summed Up

Funds meant for tackling poverty mainly spent on salaries, other areas


However, a huge sum of Rs354.4 billion was spent on meeting current expenditures including salary payments and other recurrent obligations. Subsidies had a share of only 5.4% in total pro-poor expenditures. An amount of Rs24 billion was spent on targeted subsidies and cash disbursements under the Benazir Income Support Programme (BISP). On social security and welfare, Rs7.9 billion was spent against Rs9.7 billion in the comparative period of previous year. Overall, the federal and provincial governments spent Rs160.64 billion on education, Rs23.6 billion or 17.2% higher than the previous fiscal year.


Source: The Express Tribune January 05, 2018 03:34 UTC



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