Lahore: The Punjab government is expected to announce its budget for the fiscal year 2019-20 in the third week of May – a news source reported.
Read: Govt to launch survey for next budget
Preparations to this effect are underway. The officials concerned have started holding meetings in a bid to define parameters for the upcoming budget.
The departments concerned have been formally asked to finalise their development schemes by March. These officials will forward the first draft of the annual development plan (ADP) to the P&D Board.
Read: Proposals invited for budget 2019-20
In response, the P&D officials will scrutinise the relevant drafts of the ADP by March 15. Moreover, the said drafts will contain the PC-I for new schemes to be included in the ADP 2019-20.