Graana News

Punjab govt proposes Rs4 trillion budget for FY 2022-23

LAHORE: The Punjab government is set to present its outlay budget today (Monday) for the next fiscal year 2022-23, with a total budget of Rs4 trillion.

invest with imarat

Islamabad’s emerging city centre

Learn More

The budget will focus majorly on development as Rs685 billion have been allocated to infrastructure growth. Furthermore, salaries and pensions of government employees are set to be increased by 15 percent.

A spokesperson for the government’s Finance Department stated that the next fiscal year’s budget will have a strong focus on and welfare schemes and lowering inflation.

The budget will be presented by Finance Minister Awais Leghari, as the Finance Department has sent him the key budget speech.

The budget holds key importance as this will be the incumbent government’s first budget presentation since holding power.

Ahmed Rehan

An editor and writer at Graana.com, Ahmed Rehan Nasir has a passion for creating engaging and informative content. With years of experience in the industry, Rehan has honed his writing skills and developed a deep understanding of SEO practices, crafting content that resonates with diverse audiences.

Recent Posts

Lahore’s Central Business District Completes PKR 9 Billion Smart Road Project

Lahore, April 23, 2025 – The city of Lahore has successfully completed the construction of…

1 day ago

Chaaye Khana Unveils First-Ever Rooftop Outlet at Amazon Mall with Panoramic Views

ISLAMABAD, Pakistan – April 23, 2025 – Chaaye Khana, Pakistan's popular cafe renowned for its…

3 days ago

PM Shehbaz Inaugurates Murree Road Underpass Project

ISLAMABAD: Prime Minister Shehbaz Sharif laid the foundation stone for the Murree Road underpass on…

3 days ago

Pakistan Emerges as Prime Investment Destination, Say Real Estate Developers at Dubai Property Show

DUBAI: Pakistani real estate developers and representatives showcased a range of commercial and residential investment…

4 days ago

CDA to Transform Park Road Nursery Under Rs652 Million Gardenia Hub Project

ISLAMABAD: Capital Development Authority (CDA) is currently undertaking a major Rs652 million project to upgrade…

1 week ago

Citywide Anti-Encroachment Drive to Begin in Karachi

Karachi – Mayor Barrister Murtaza Wahab has announced the launch of a citywide anti-encroachment operation…

1 week ago