Punjab govt to present Rs2.1tr budget for next four months, today
The caretaker Punjab government is all set to present its second four-month budget of the ongoing financial year 2023-24 before the cabinet, led by Chief Minister Mohsin Naqvi, on Monday (today). Earlier in June, the caretaker government had presented its first four-month — July-October — budget to the tune of Rs1.72 trillion after having spent the remaining six months’ budget (January-June 2023) approved by the previous PTI government for FY23. This budget, which is expiring on October 31 (tomorrow), had raised many eyebrows because its document did not provide any details about the money to be spent in the run-up to the elections, which were originally expected in October. The first four-month budget also triggered widespread speculation that it might allocate funds for development projects and subsidies based on PML-N’s political agenda.