Ministries asked to surrender funds ahead of schedule

Khaleeq Kiani - Dawn - 09:50
Finance ministry advances the deadline by two months; move may handicap public sector operations.

ISLAMABAD: The Ministry of Finance (MoF) on Tuesday directed all the ministries, divisions, departments and autonomous bodies to surrender within 10 days all savings and unspent allocations not expected to be utilised during the current fiscal year.

In a communication to all, the MoF directed all principal accounting officers (PAOs) to finalise revised estimates for FY25 and firm up budget estimates ...
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