Business
Balochistan govt fails to prepare budget for next financial year
Now it is likely to be presented on June 19.
Quetta: Balochistan government failed to complete the budget preparations for next financial year 2023-24.
According to details, the budget meeting had been delayed due to the non-completion of the documents. Now it is likely to be presented on June 19.
The finance department of Balochistan has asked for more time regarding the preparation of the budget documents, due to which the schedule of the budget meeting has been changed.
Assembly Secretary stated that Governor Balochistan has called the budget session of the Provincial Assembly on June 19 at 4:00 pm instead of today (June 16).
Spokesperson of Balochistan Chief Minister Babar Yousafzai said: “The public-friendly budget of the next financial year will include important projects in education, health and other departments”.
It is also reported that the budget of Balochistan for the next financial year is likely to reach Rs700 billion.
The estimated revenue in the budget is Rs529.32 billion, while the budget deficit is likely to be more than Rs150 billion. The development budget is Rs200 billion.
More than 5000 jobs and 30 percent increase in the salaries of government employees have been proposed.
-
Sports 1 day ago
Muhammad Yusuf resigns from Pakistan Cricket Team selection committee
-
Pakistan 1 day ago
Pakistan, China, Iran, Russia raise alarm over security threats from Afghanistan
-
Sports 2 days ago
Indian cricketer Musheer Khan suffers fracture in road accident
-
Pakistan 2 days ago
Six killed, 8 injured in N Waziristan helicopter crash
-
World 2 days ago
First British Muslim cabinet minister resigns from Conservative Party
-
Regional 1 day ago
Don’t use Venmo as your checking account
-
Sports 1 day ago
Sanath Jayasuriya appointed as head coach of Sri Lankan Cricket team
-
Pakistan 2 days ago
KP CM ends protest after getting stuck at Burhan Interchange