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April 28, 2018

Budget 2018-19: Expenditure up, development down

ISLAMABAD: Amid rumpus and shouting of ‘liar, liar’ by the opposition and later a walkout, the Finance Minister, Miftah Ismail, on Friday unveiled the federal budget 2018-19 with an outlay of Rs5,932 billion. The opposition termed the budget ‘politically motivated’ to win over the support of voters in the upcoming general election. The major focus of the budget is on stimulating the economic growth by doling out billion of rupees for development projects, social safety nets, and...