Punjab's cabinet has approved the province's largest tax-free surplus budget in history, subsequently presented to the Punjab Assembly on Thursday. According to Express News, Punjab's budget was presented in the assembly by Finance Minister Mujtaba Shujaur Rehman. For the first time, Punjab has closed Rs530 billion worth of dead schemes from the development budget and included new schemes. The budget includes Rs842 billion for development expenses and a surplus budget of Rs630 billion. The cabinet approved a record Rs842 billion development budget.

Source: The Express Tribune June 14, 2024 11:42 UTC