Friday, May 24, 2024

Government Directs Ministries to Surrender Unused Funds by May 15

The government has instructed all ministries to surrender any unspent funds by May 15th, a move aimed at addressing financial pressures, according to sources within the Ministry of Finance.

The deadline for fund surrender, previously set for May 31, 2024, was brought forward by the Ministry of Finance, emphasizing the urgency of the situation in a letter distributed to all ministries and divisions.

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Federal Secretaries of various ministries have been notified of the directive, with Principal Accounting Officers tasked with promptly updating the Budget Wing on the status of funds.

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Zayn
Zayn
Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

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