Abb Takk News

Quetta(May  11, 2018): Balochistan budget for the upcoming financial year 2018-19 to be presented today in the Provincial Assembly.

Adviser to the Chief Minister on Financial Affairs, Dr Ruqia Hashmi will present the budget in the House.

Total outlay of the budget is more than Rs. 350 billion for fiscal year 2018-19.

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According to sources in the Balochistan government, allocation of Rs. 56.54 billion has been recommended for the education sector, Rs. 38.09 for security and Rs. 19.41 for health.

The budget deficit is likely to stand at Rs. 60 billion.

Yesterday, Chief Minister Sindh Syed Murad Ali Shah  presented Rs11.44 trillion tax-free budget for three months for the fiscal year 2018-19.

Announcing the budget, Sindh CM said that the provincial government would not present a finance bill in the budget, adding that the next assembly will propose a nine-month budget.

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He said that Sindh would receive Rs665.10 billion from the federal government, while sales tax on services would be Rs120 billion.The Sindh CM also proposed a 15% increase in the salaries of government employees after which the salaries would reach Rs345 billion from Rs300 billion.

Sindh government allocated a total of Rs208 billion for education.A sum of Rs100 billion have been allocated for provincial home ministry out of which Rs90 billion would be allocated for Sindh police.

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