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Sindh CM to present annual budget of around 1220 billion today

Syed Umarullah HussainiWeb Editor

17th Jun, 2020. 10:15 am
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Sindh annual budget of around Rs 1,220 billion for the next fiscal year 2020-21 will be presented in the assembly today.

According to the details, Sindh Chief Minister Syed Murad Ali Shah, who also holds the portfolio of Provincial Finance Minister, will present the budget proposals.

The chief minister would chair a meeting of the cabinet before presenting the budget 2020-21 in the assembly and approval will be given to the budget.

Budget session of the Provincial Assembly will be virtual and it expected that 75 per cent of members will attend the session through video link.

According to reports Sindh government has decreased its development portfolio from Rs 228 billion in the outgoing year 2019-2020 to approximately Rs 170 billion for next the financial years 2020-2021.

For the next year, about Rs 155 set aside for the provincial development portfolio while only Rs 15 billion reserved for the districts.

However, a prominent amount allocated to the health sector in the wake of the Covid-19 pandemic.

It is noted that around Rs5 billion allocated to the coronavirus emergency fund and a total Rs 15 billion will directly or indirectly spent on health in the coming fiscal year.

Earlier while addressing a news conference, Chief Minister Sindh said in the next budget, priority would accorded to the health sector under which new facilities would be established. “We have to contain the virus which is spreading throughout the province,”

He said the virus claiming more lives every day and the number of cases reported daily had crossed 2,000.

“This is a serious situation, therefore, people need to adopt precautionary measures and the health system needs to be further strengthened,” he added.

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