Dar seeks approval for Rs310bn `supplementary´ budget
(WorldNews Business)

ISLAMABAD: Despite the government´s claims of having kept a tight control on current expenditures, Finance Minister Ishaq Dar will be seeking ex post facto approval of parliament for Rs310.5 billion in supplementary grants for expenditure overruns and re-appropriations, sometimes for extravagant expenses. According to the budget documents placed before parliament, the finance minister has sought the appropriation of Rs310.5bn through supplementary grants, some of them of a technical nature. But at least Rs121bn worth of expenditure overruns would be an additional burden on the budget. Parliament is required to approve these expenditures as a fait accompli because the amount is considered to...