KMC Administrator for measures to overcoming financial crunch

Staff Reporter

Karachi—In order to bring austerity in expenditure, Karachi Metropolitan Corporation (KMC) Administrator Roshan Ali Shaikh has through an order impose ban on the purchase of luxuries items like LCD (TV), furniture, air-conditioner etc whereas the cases for relaxation of economy cut on non-development budget would not be considered.
Chairing a meeting of the finance department officers he stressed on the need of decrease in the non-development expenditures so that financial condition could be improved. The meeting was attended by the financial adviser Muhammad Rehan Khan along with all directors and senior officers.
The Administrator urged them to take essential measures for further improvement in the overall financial condition of the organization with the payment of employee’s salary and pension should be given preference.
Meanwhile, he has through an order directed officers to take the following economic measures for maintaining strict financial discipline and to bring austerity in expenditure:
The supplies and works through quotations are stopped immediately, in case of real emergency, prior approval of the Administrator, KMC should be obtained.
The financial concurrence is hereby stopped. All supplementary/salary bills/claims over Rs.250,000 or more than six months periods shall be submitted to the Administrator, KMC for approval before printing and payment.
The savings due to imposition of 40 percent economy cut on development (including capital) budget should be surrendered.

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