Sindh demands Federal Government to release outstanding dues

Karachi, June 18, 2015 (PPI-OT): Sindh Government has once again requested the Federal Government to release outstanding dues of the Sindh Government. The second request of the provincial government made by the Senior Sindh Minister for Finance Sayed Murad All Shah in a letter written on Thursday to Federal Finance Minister Mohammad Ishaq Dar.

Syed Murad Ali Shah stated in his letter “I was hoping that situation will improve and we will get better transfers from the federal government on 17th June 2015. But to my utter disappointment, only 16.6 billion were transferred to Sindh on 17th June 2015”.

The senior Minister further said that our total receipt from the federal government during current financial year remain Rs 369.13 billion only against the revised estimates of Rs. 423.02 which means there is shortfall of Rs. 53.89 billion even against the revised estimates ,which needs to be transferred to Sindh Government by 30th June 2015.

The senior minister added that if this amount not transferred by 30th June 2015, it will be evident that the FBR has failed to achieve even its revised target of Rs. 2605 billion for the current year. The senior Minister Murad Ali Shah emphasized that we have released funds to administrative departments as per revised estimates given by the federal government and these revised estimates were already Rs 51 billion less than the estimates given to the government of Sindh in June 2014.

He said that such a massive shortfall in transfers is putting our fiscal situation under severe strain and making it hard for us to meet our financial commitments. The Minister requested Federal Finance Minister that balance amount of Rs 53.89 billion is transferred to us at the earliest in order to enable us to meet our financial commitments.

For more information, contact:
The Information Department
Block-95 Sindh Secretariat 4-B,
Opposite Sindh Assembly Building Karachi
Phone: +92-21-99204401, +92-21-99204423
Fax: +92-021-99202609, +92-021-99204417