Oil producing states received N42.917
billion as 13% derivation revenue while Department of Petroleum Resources (DPR), Federal Inland Revenue Service (FIRS) and Nigeria Customs Service (NCS) received N92.857
billion as cost of revenue collection.
The BOC adjusted the collection goal for the month of July to P61.9
billion from P60.8
billion previously; for August, P58
billion from P56.9
billion; for September, P61.1
billion from P59.9
billion; for October, P65.4
billion from P64.1
billion; for November, P61.9
billion from P60.8
billion, and for December, P57
billion from P55.9
billion.
* Rockwell Automation, Inc.(NYSE:ROK) is projected to report quarterly earnings at $2.31 per share on revenue of $1.72
billion.
For infrastructure development, the provincial government has proposed an allocation of Rs87.7
billion or one-fourth of total development funds, which includes Rs35
billion for roads, Rs23.4
billion for irrigation, Rs6
billion for energy, Rs9.8
billion for public buildings and Rs13.5
billion for urban development.
Meanwhile, the break-up of Rs 431
billion from receipts from civil administration showed that government estimated to receive Rs 4.28
billion under general administration, Rs 406
billion from State Bank of Pakistan profit, Rs 15
billion defence, Rs 1.45
billion from the community service and Rs 1.67
billion from social services.
The size of Public Sector Development Program (PSDP) for 2019-20 is Rs.1863
billion.
Similarly, Rs10.13
billion released for Communication Division (other than NHA) as the government earmarked Rs13.977
billion in its PSDP 2018-19.
AGRICULTUREDam construction will cost the taxpayer another Sh25.1
billion this year, despite having received nothing from the
billions spent in previous projects.Among the interventions is Sh2
billion set aside for the value chain support and S
billion for the cherry coffee revolving fund.
In January 2019, Punjab received Rs1.042
billion, Sindh 0.488
billion, KP Rs1.603
billion and Balochistan Rs1.753
billion.
- Rs 16.999
billion for Railways Division against total allocation of Rs 28.06
billionThe investment saw the lender earn an interest Sh12.98
billion up from Sh12.36
billion in 2017.
Similarly, Rs6.33
billion have been released for Communication Division (other than National Highway Authority) for which the government has earmarked Rs13.97
billion under PSDP 2018-19.
The released funds include Rs 134.2
billion for federal ministries and Rs 53.78
billion for special areas, according to latest data released by Ministry of Planning, Development and Reform.
RIYADH: arab newsSaudi citizens had the highest consumer loans among the GCC citizens at $77.8
billion (SR292
billion) by the end of Q3, 2013, or 43.4 percent of the total GCC consumer loans, local media said quoting GCC central bank data.
GFI President Raymond Baker said corruption and tax evasion drained $946.7
billion from developing world in 2011.