{"id":86615,"date":"2022-06-14T14:00:28","date_gmt":"2022-06-14T09:00:28","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=86615"},"modified":"2022-06-14T14:00:33","modified_gmt":"2022-06-14T09:00:33","slug":"govt-lottery-scheme","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-lottery-scheme.html","title":{"rendered":"Govt to launch monthly \u2018Lottery Scheme\u2019 to generate development revenue"},"content":{"rendered":"\n<p>Islamabad: The federal government intends to launch a monthly \u2018Lottery Scheme\u2019 to generate the necessary revenue to finance development schemes across the country, news sources reported on June 14. The profits will be utilised to establish hospitals, and training facilities, and to subsidise essential commodities. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/budget-2022-23-pkr-9-8-tr-outlay.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt proposes Budget 2022-23 with PKR 9.8 tr outlay<\/a><\/p>\n\n\n\n<p>Reportedly, the government is planning to launch a lottery scheme to address the International Monetary Fund\u2019s (IMF) main concern of revenue spending on subsidies. In this regard, the government has started to consult legal teams to analyse the sustainability of the project. Furthermore, to make it more acceptable for the general public, the government has also decided to consult religious scholars. The scheme will operate on the same principle as it does in industrialised nations such as the United States (US), the United Kingdom (UK), the United Arab Emirates, and Malaysia. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/govt-pakistan-economic-survey-pes-fy22.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt releases Pakistan Economic Survey (PES) FY22<\/a><\/p>\n\n\n\n<p>It is worth noting that Pakistan launched a similar concept during the 1989 Asian Federation (SAF) Games in Islamabad. The initiative, however, collapsed owing to religious prohibitions. To avoid a similar outcome this time, the administration has decided to take into consideration every stakeholder.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal government intends to launch a monthly \u2018Lottery Scheme\u2019 to generate the necessary revenue to finance development schemes across the country, news sources reported on June 14. The profits will be utilised to establish hospitals, and training facilities, and to subsidise essential commodities. Read: Govt proposes Budget 2022-23 with PKR 9.8 tr outlay Reportedly, the government is planning to launch a lottery scheme to address the International Monetary Fund\u2019s (IMF) main concern of revenue spending on subsidies. In this regard, the government has started to consult legal teams to analyse the sustainability of the project. Furthermore, to make it more acceptable for the general public, the government has also decided to consult religious scholars. The scheme will operate on the same principle as it does in industrialised nations such as the United States (US), the United Kingdom (UK), the United Arab Emirates, and Malaysia. Read: Govt releases Pakistan Economic Survey (PES) FY22 It is worth noting that Pakistan launched a similar concept during the 1989 Asian Federation (SAF) Games in Islamabad. The initiative, however, collapsed owing to religious prohibitions. To avoid a similar outcome this time, the administration has decided to take into consideration every stakeholder.<\/p>\n","protected":false},"author":75,"featured_media":63188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[52700],"persona":[],"class_list":{"0":"post-86615","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-govt-to-launch-monthly-lottery-scheme-to-generate-development-revenue","10":"cat-15016-id","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to launch \u2018Lottery Scheme\u2019 to generate revenue - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal government intends to launch a monthly \u2018Lottery Scheme\u2019 to generate the necessary revenue to finance development schemes across the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-lottery-scheme.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to launch \u2018Lottery Scheme\u2019 to generate revenue - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal government intends to launch a monthly \u2018Lottery Scheme\u2019 to generate the necessary revenue to finance development schemes across the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-lottery-scheme.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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