PHA and Quetta Metropolitan Corporation Unveil Plans to Tackle Budget Deficits

In a bid to address their respective budget deficits, the Punjab Housing Authority (PHA) and Quetta Metropolitan Corporation have announced plans to increase revenue and reduce expenditure. According to sources, the PHA has allocated Rs250 million to tackle its budget deficit, while the Quetta Metropolitan Corporation has set aside Rs50 million for the same purpose. The monthly expenditure for the Quetta Metropolitan Corporation is reportedly Rs100 million. To bridge the gap between income and expenditure, both entities are implementing various revenue-generating strategies. The PHA aims to generate Rs180 million annually through measures such as auctions and outsourcing, while the Quetta Metropolitan Corporation plans to lease properties at higher rates. These initiatives are expected to help both entities stabilize their finances and improve their overall performance. The plans have been welcomed by experts, who believe that they will have a positive impact on the urban development sector.