Reduce Provincial Debt and Contingent Liabilities.
Tranche 2 Reform Actions |
Remarks |
| i. Finance Department to reduce debt servicing (interest only) as percentage of total expenditure from 6.4% in FY2005 to 5.0% in FY2006. | [Complied with] |
| ii. Finance Department to finalize the legal framework, rules, and regulations for the General Provident Fund. |
[Complied with] |
| iii. Finance Department to continue capitalization of the pension fund and General Provident Fund ensuring a total amount of PK.Rs12 billion during subprogram 2. |
[Complied with] |