Rs179bn deficit to be met by borrowings
 ISLAMABAD, June 7: Federal Finance Minister Shaukat Aziz on Saturday presented in the National Assembly amidst a persistent opposition uproar the first budget (2003-04)...
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30pc increase in PSDP
ISLAMABAD, June 7: Major thrust of the Rs160 billion Public Sector Development Programme, unveiled in the budget on Saturday, is on infrastructure sectors and other projects to reduce poverty characterized by...
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Opposition says no relief to common man
ISLAMABAD, June 7: The federal budget for the year 2003-04 has elicited a mixed response from the leaders of political parties, as those belonging to the treasury benches claimed the budget...
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Salary raise for govt employees
ISLAMABAD, June 7: Finance Minister Shaukat Aziz on Saturday announced a number of measures for expanding the physical and social infrastructure and to also...
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Provincial share in divisible pool unchanged
ISLAMABAD, June 7: The budget for 2003-04 has proposed an allocation of Rs214.83 billion for the four provinces from the divisible pool plus straight transfers from the federal taxes as against...
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20 IT exemptions withdrawn
 ISLAMABAD, June 7: The government has withdrawn 20 income tax exemptions from the income tax law 2001 in federal...
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More money to be spent on education
ISLAMABAD, June 7: The education sector received an enhanced budgetary allocation of Rs3.1 billion in the fiscal year 2003-04 as compared to Rs1.7 billion in the current year, registering an increase...
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Rs4.37bn earmarked for health
 ISLAMABAD, June 7: The health sector has been allocated Rs4.37 billion in the 2003-04 budget. The government’s contribution will be Rs3.9 billion....
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Scepticism greets Jamali’s talks offer
ISLAMABAD, June 7: In between fresh protest against the controversial Legal Framework Order (LFO) in the National Assembly and the Senate, Prime Minister Zafarullah Khan Jamali...
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Rs2.7bn for law, order
ISLAMABAD, June 7: The government has allocated Rs2.728 billion for the completion of various projects of the interior division in the federal budget for 2003-04....
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Highlights
ISLAMABAD, June 7: The following are the highlights of the Federal Budget 2003-04:...
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Demo against UK troops
BASRA, June 7: Some 2,000 Iraqi Shia Muslims marched in Basra Saturday to demand the withdrawal of British occupation forces from Iraq’s main southern city. “Leave peacefully lest we expel you...
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New Delhi to convert Quaid’s home into cultural centre
NEW DELHI, June 7: The Indian home of Pakistan’s founder Quaid-i- Azam Mohammad Ali Jinnah will be converted into a museum....
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US soldier killed in Tikrit attack
BAGHDAD, June 7: One US soldier was killed and four others wounded in an attack on Saturday near Saddam Hus-...
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10 die in Valley
SRINAGAR, June 7: Ten people were killed in violence in occupied Kashmir as six were injured by police breaking up an anti-government demonstration, police said on Saturday....
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Special zone status for Gwadar
ISLAMABAD, June 7: The government has already declared the under-construction port of Gwadar a special economic zone and details of this step will be released in the next few months....
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Heat claims nine lives
QUETTA, June 7: At least nine people have died and over three dozen fainted in different areas of Sibi and Nasirabad districts during the last three days in a withering heatwave...
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Meraj Khalid hospitalized
LAHORE, June 7: Former caretaker prime minister Malik Meraj Khalid was still being kept in the intensive care unit of a private hospital here with serious condition, doctors said on Saturday....
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