Thursday, April 9, 2020  | 15 Shaaban, 1441
Samaa TV
Facebook Twitter Youtube
HOME > Economy

Balochistan govt unveils Rs 243bn deficit budget

SAMAA | - Posted: Jun 17, 2015 | Last Updated: 5 years ago
SAMAA |
Posted: Jun 17, 2015 | Last Updated: 5 years ago
Balochistan govt unveils Rs 243bn deficit budget

QUETTA: Balochistan budget for the next financial year with a total outlay of Rs 243 billion was presented in the provincial assembly in Quetta on Wednesday.  

Presenting the budget, Adviser to the Chief Minister Balochistan on finance Mir Khalid Khan Langove said the deficit of the budget is estimated at Rs 26 billion.

He said Rs 189 billion have been allocated for non-development expenditures in the budget while Rs 54 billion rupees have been earmarked for development projects.

Over Rs 2 billion have been allocated for the education sector, over Rs 6 billion for agriculture, and over Rs 2.7 billion have been set aside for the law and order situation in Balochistan.

Giving more details of budget, the advisor said over Rs 2.51 billion have been allocated for education while 1741 new posts would be created in the education sector.

He said the provincial government has decided to increase salaries and pension of government employees by 7.5 percent.

The adviser said Rs 14.33 billion will be spent on energy sector, over Rs 1.11 billion have been allocated for generation of commerce and industries in the province.

About five thousand vacancies will be generated in the new budget.

A new Gwadar International Airport would be constructed with the help of federal government.

Khalid Khan Langove said that Rs 1.3 billion were distributed among the families of those who were affected by terrorism in the province.

Moreover, compensation amount to the heirs of martyred personnel of forces and other government employees has also been increased from Rs 2 million to Rs 4 million rupees and the maximum to Rs 50 million. –Samaa

FaceBook WhatsApp
 
HOME  
 
 
RELATED STORIES
 

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp
 

 
 
 
 
 
Coronavirus, COVID-19, Global Crises, Economy, Isolation, Quarantine, Lockdown
 
MOST READ
MOST READ
 
 
 
 
 
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp