ISLAMABAD: Advisor to Prime Minister on Finance Shaukat Tarin Thursday said during first six months of the current financial year more than Rs16.5 billion funds were provided to the provincial/ local governments and members of ParliamentHe said this in a statement issued here on Thursday.Shaukat Tarin pointed out that funds amounting to Rs 633.7 million were released for local governments and rural development while members of parliament and provinces received over Rs 15.86 billion as development funds.Sources of Finance Ministry told Geo News that funds released for development works have not been used for the past many years and continue to remain with commercial banks although the government had made the release of these funds possible through borrowing from central bank.
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