Senate returns Rs1.43bn to exchequer, beats austerity target by 500pc

ISLAMABAD: The Senate has surrendered Rs1.436 billion to the national exchequer after a year-long austerity drive, exceeding the Finance Division’s target by 500 per cent and setting what officials called a new benchmark for fiscal discipline. The amount makes up 15.9pc of the upper house’s total budget for 2025-26, according to a statement issued by the Senate Secretariat on Monday. Senate Chairman Syed Yousaf Raza Gilani ordered the expenditure rationalisation programme within his own offic...

By [email protected] (Iftikhar A. Khan)