Fiscal woes of federal government multiply on the back of inability to generate revenue


Photo: File ISLAMABAD: Amid increasing discomfort of the powerful elites with the 18th Amendment and NFC award, the fiscal woes of the central government are multiplying because of its inability to generate the desired revenue and rationalize expenditures, The News reported on Thursday. Simultaneously, the phenomena of ?statistical discrepancy? has again re-emerged on the fiscal front of the federal government, as it sharply rose to Rs781 billion in first nine months (July-March) of the current fiscal year 2019-20 against just Rs22 billion last year.