Economics & Business

No Ministry or Division would be allowed to over spend: Naved Qamar

ISLAMABAD: Finance Minister Syed Naveed Qamar has said that the government is determined to stay within the limit during the next financial year and no Ministry or Division would be allowed to over spend. He was winding up the debate on supplementary grants for the outgoing financial year on Monday. He said excess expenditure during last year was result of bad policy and planning. The Minister said although some Ministries spent amount over and above their allocations but it is a fact that the government had to spend forty billion rupees on the subsidy on import of wheat. Thirty-six billion rupees subsidy on oil besides some extra spending on defence including purchase of aircraft and defence machinery.

Earlier taking part in the debate, the members objected to extra expenditures incurred by various ministries and said performance of these ministries and divisions is not satisfactory. They said the government provided huge funds for development of agriculture but the concerned Ministry utilized these allocations on non-development expenditures which resulted in reduction of agricultural yield that led to food shortage. The Members also criticized Ministry of Railways and said it has failed to improve train service and has become a white elephant.

On a point of order, PML-N parliamentary leader Chaudhry Nisar Ali Khan explained the position of his party on the judges issue. He said the PML-N has supported the finance bill-2008, but it opposes the clause regarding expansion of the judges’ strength. He said Ayaz Amir in his speech yesterday had presented the party point of view on the issue that firmly stands by its position to restore the judges on the position of 2nd November last year.

Those who took part in the debate include Kishan Chand Parwani, Marvi Memon, Dr. Donia Aziz, Chaudhry Abdul Ghafoor, Hamid Saeed Kazmi, Raza Hayat Hiraj, Anusha Rehman Khan, Riaz Hussain Pirzada, Zafar Baig Bhatani, Yasmeen Rehman, Riaz Fatyana and Syed Aasif Hasnain.
At the start of the proceedings of the House the newly-elected member Hamza Shahbaz was administered oath.-SANA

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Rubab Saleem

Rubab Saleem is Editor of Pakistan Times

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