Summary Dar announces to cease secret service funds of ministries and other govt departments.
ISLAMABAD (Web Desk) – Finance Minister Ishaq Dar said that the government has decided to allocate five billion rupees to launch a scheme of "Qarz-e-Hasna" so that young people could establish their own businesses. Fifty percent of the beneficiaries of this scheme will be women.
He said that it has also been decided to launch a new scheme to provide laptops to the students pursuing degree program from one of the HEC recognized universities or institution.
Ishaq Dar said the scheme for reimbursement of tuition fee at Masters’ and doctorate levels which is available for the students of Balochistan‚ FATA and Gilgit Baltistan is being expanded to Interior Sindh‚ Multan‚ Bahawalpur and D. G Khan division which are equally less developed.
Referring to the programmes for good governance‚ the finance minister said Parliamentarians Works Program-1 will continue and an amount of five billion rupees is being allocated for this program to ensure development activities at the grassroots level‚ while the Public Works Programmes-II is being stopped forthwith.
Ishaq Dar said the ministry of finance has issued necessary instructions for immediate ceasing of secret service expenditures and return of unspent balances. Similarly‚ the proposed allocations for next year are being cancelled.
However‚ such secret service expenditures will be made only to the agencies connected with the national security.
The finance minister said Prime Minister Nawaz Sharif had withdrawn exemption on tax free imports of luxury vehicles for VVIPs. However‚ the previous governments allowed such vehicles without duty.
He said the new government has again decided to withdraw exemption on the import of these luxury vehicles.
