PPP stalwart terms fundraising campaign for dams as "cheap popularity".
The budget 2019-20 was presented in the provincial assembly by Chief Minister Sindh Murad Ali Shah.
Retired Lt Gen Abdul Qayyum says govt’s decision to freeze the defence expenditure translated into a cut of Rs100bn.
Inflation rate is projected to rise to 13pc.
The amendments are in line with the Financial Action Task Force recommendations.
The benchmark 100-share index rose 278.08 points, or 0.8pc, to close at 34,939.16 points on Wednesday.
PM forms committee to oversee implementation of six-point accord.
Finance adviser says "rich people in other countries pay higher taxes" as compared to those of Pakistan.
The PTI government’s first full-year budget proposed a ferocious array of taxes on almost all sectors of the economy.
The defence budget's share in the total outlay and the gross domestic product (GDP) is set to decline.
In its first budget the PTI government has decided to withdraw discriminatory concessions and exemptions.
Federal government has completely ignored new development schemes for sports sector.
The budget document announced that the government is likely to obtain foreign loans worth Rs3.003 trillion.
On June 3 the federal cabinet had approved the health levy.
Net revenue forecast to reach Rs3.5 trillion; fiscal deficit to rise to 7.2pc of GDP.
Amongst the new schemes, seven schools will also be constructed in various areas of the capital.
During the last financial year, the police had a strength of 11,044 which was increased to 11,555.
This includes foreign assistance of Rs237 billion.
According to budget documents, amount will be spent on 120 ongoing and 17 new schemes in higher education sector.
The budget 2019-20 on the whole was defined by most market participants as “neutral to negative”.
“This will not benefit exporters nor government because criminal elements will once again enter the trade."