ISLAMABAD: (HRNW) Prime Minister Imran Khan on Tuesday chaired a meeting of the federal cabinet where matters related to a targeted subsidy to poor segments, COVID-19 situation, and wheat prices were mulled over.
According to details, the federal cabinet was briefed by SAPM on Revenue Dr. Waqar Masood over the subsidies and grants provided to different sectors.
He gave a comparison between revenue, expenditure, subsidies, and grants during the past 13 years and shared that the loan repayments have caused expenditures to go beyond the revenue.
The SAPM briefed that subsidies and grants are being provided to energy, agriculture, and other sectors, which has caused an extraordinary burden on the national exchequer.
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