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Finance Minister K N Choksy told parliament on Wednesday that the government hopes to spend Rs. 352.7 bn in 2004 for development work.
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Ofrnthis, Rs. 209.1 bn will be spent on recurrent expenses to maintain publicrnservices and Rs. 143.6 bn on capital expenses.

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Capitalrnexpenditure on foreign funded projects will be raised to Rs. 89.1 bn, of which arnbulk of it would be spent on highways and water.

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At a glance

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