Strategic Committee on Annual Development Fund of Punjab

Strategic Committee on Annual Development Fund of Punjab met today in its first meeting here today under chair of Minister Finance Makhdom Hashim Bakhat.Provincial Minister Health Dr. Yasmeen Rashid,Minister Schools Education  Murad Raas,Minister HE Yasir Hamayoun Sarfraz,Chairman Planning &Development Habib ur Rehman Gillani,Secretary Finance Sheikh Hamid,Secretary P & Iftikhar Saho,Special Secretary Finance Saif ullah Dogar,Additional Secretary Finance Budget Ubaidullah and other members of committee including secretaries of different departments attended the meeting.

The meeting was focused to get proposals for ADP according to the priorities of new provincial government prior to budget preparation .Secretary Finance apprised the meeting regarding financial condition of the province ,budget estimates ,revenue rates and details of expenditures whereas  Chairman P&D briefed the members about the projects of previous  government and planning for preparation ofADP for fiscal year 2018-19.Secretary Finance  informed the meeting that provincial governments set the scale of targets of revenue collection according to the targets of federal government .He said if FBR fails to achieve its fixed targets then provincial  governments' budget is also affected .FBR has collected 20 percent less tax revenue out of its fixed target due to this provincial government is facing difficulties  in preparation of its  budget, he added . Moreover social sector expenditures particularly unnecessary jobs in Health Department and infrastructure projects are the cause of increase in expenses. Committee members expressed their concern on construction projects of previous government, unlawful employment and SAME schemes and stressed upon the provision of quality education instead of ongoing schemes, issuance of health cards and elimination o unnecessary projects. Construction of Danish Schools and network of roads by previous government was also criticized by the committee members.

Minister Finance Makhdom Hashim Bakht appealed all the committee members to give their proposals in given time for ADP planning formulation and directed Finance Department and P&D to prepare the framework of development planning according to the mandate of new government  and suggestion of committee members and prepare an action plan to include ongoing schemes of the districts in Development Plan. Finance Minister concluded that the forthcoming budget will be a representative  budget of the whole province rather than Lahore eccentric.

Thursday, September 6, 2018