national

May 9, 2020

Fiscal budget 2020-21 under process: Centre faces mammoth challenges to find out ways for revenue

ISLAMABAD: The Centre will have to face serious challenges to support day to day expenditures after paying defence and debt servicing bills from available resources, as the fiscal budget 2020-21 is being prepared on the basis of the existing National Finance Commission Award.However, the government has decided to focus mainly on ‘facilitation’ in the upcoming budget so that the economic activities could be kick-started instead of taking any coercive action.The revenues could be mobilised...