Saturday, June 16, 2012

Government Cutting Cost

  • FinMin asks ministries and departments to cut non-plan expenditure by 10 per cent.
  • Bars them from holding conferences in five-star hotels, buying new vehicles or travelling abroad unless absolutely necessary.
  • A total ban imposed on creation of new government posts.
  • Measures not to apply on interest payments, repayment of debt, defense capital, salaries,and pension.


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