A. Atta Muhammad Manika
B. Malik Mukhtar Ahmad Bherat
C. Dr. Ayesha Ghaus Pasha
D. Mian Mujtaba Shuja-ur-Rehman
Background of the Finance Department of Punjab
The Finance Department of Punjab is responsible for managing the province’s financial resources and preparing the annual provincial budget. It formulates fiscal policies, supervises public expenditures, allocates development funds, manages provincial debt obligations, and oversees financial regulations for all provincial departments. The department plays a central role in ensuring financial transparency, economic planning, and sustainable development throughout Punjab.
Important Key Facts about the Finance Department
- Correct Answer: Mian Mujtaba Shuja-ur-Rehman.
- Portfolio Assumed: 6 March 2024.
- Province: Punjab.
- Provincial Capital: Lahore.
- Major Responsibilities: Budget preparation, financial management, fiscal policy formulation, and provincial fund allocation.
- The Finance Department supervises all provincial financial matters across Punjab.
Exam Relevance: Pakistan Current Affairs, Punjab Government, Finance Department, Provincial Budget, Fiscal Policy, CSS, PMS, FPSC, PPSC, NTS, OTS, FIA, MOD, ASF, ISSB, Lecturer Tests, and Competitive Examinations.
Related Questions about Punjab Government
1. What is the capital of Punjab?
Answer: Lahore.
2. Since when has Mian Mujtaba Shuja-ur-Rehman been serving as Finance Minister?
Answer: Since 6 March 2024.
3. Which minister presents Punjab’s annual budget?
Answer: The Provincial Minister for Finance.
4. Which additional portfolio is held by Mian Mujtaba Shuja-ur-Rehman?
Answer: Parliamentary Affairs.
5. What are the major functions of the Finance Department?
Answer: Budget preparation, financial management, fiscal policy formulation, and allocation of provincial funds.