loader image

Sindh budget 2022-23: To be announced today

KARACHI: The Sindh budget for the fiscal year 2022-23 will be presented today by Chief Minister Murad Ali Shah.

As per sources privy to the matter, the budget will likely hold a 15% increase in salaries of the government employees and a 5-10% increase in the pensions.

Proposals about Special Development Packages and schemes for Karachi will also be part of Sindh budget.

On the other hand, the tussle between the treasury and opposition benches in Punjab Assembly has caused the postponement of the budget session, and the Punjab budget could not be presented in the assembly on Monday.

Punjab Assembly Speaker Chaudhary Pervaiz Elahi postponed the session till 1 pm on Tuesday (today).

Meanwhile, the Khyber Pakhtunkhwa (KP) budget worth Rs 1,332 billion for the financial year 2022-23 was presented yesterday by Finance Minister KP Taimur Saleem Jhagra who was of the view that the province was once prone to terrorism but has now become a hub of investment.

The salaries of government employees have been increased by 16% and pensions by 15%. The increase is in addition to DRA for Grade 1 to 19 employees and the police have also been included in it while the police martyrs package has also been extended.

The provincial minister said that the total development budget of the province covers Rs. 418 billion of which Rs. 319 billion is allocated for the development of settlement districts and Rs. 99 billion for integrated districts. More than Rs 4 billion has been allocated for external development assistance for the merged districts while Rs 208 billion will be provided for the tribal districts.

Courtesy Bol News

Leave a Reply

Your email address will not be published.