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Sindh: Murad Ali Shah To Present Budget Of Over Rs14 Trillion Today

Sindh: Murad Ali Shah To Present Budget Of Over Rs14 Trillion Today
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Sindh’s budget of over Rs 14 trillion for the next financial year 2021-22 will be presented today.

Sindh Chief Minister Syed Murad Ali Shah will present the budget in the Sindh Assembly as Finance Minister.

According to the details, the total volume of Sindh’s budget will be more than Rs 14 trillion and no new tax is likely to be imposed in the budget.

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In the budget for the next financial year, it is proposed to set aside Rs 105 billion for law and order, Rs 172 billion for health, Rs 215 billion for school education and Rs 25 billion for college education.

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Sources said that a proposal to allocate Rs 14 billion for transport and Rs 75 billion for the Local Government Department is under consideration in the budget while the total budget of the Irrigation Department can be allocated Rs 53 billion.

The budget session of the Sindh Assembly has been called for the budget at 3 pm.

Budget 2021-22: Sindh To Unveil 10 Mega Schemes For Karachi

Sindh government to launch 10 new mega projects for Karachi in the provincial budget  2021-22

Around 24 billion rupees allocation is proposed for the schemes, added sources.

The budget 2021-22 would have water supply and road construction projects for the port city.

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In the provincial budget, distributions have been made for the development schemes in Lyari, Malir, Baldia Town, Keamari, and the District Central.

The budget applications included a 20 percent increment in salaries of the government employees, while a 20% increase in pensions is also predictable in the new Sindh budget.

The salaries are likewise expected to be improved by the compensation sizes of the workers.

The new monetary year’s financial plan proposes an Rs three billion assignment for the acquisition of transports for Karachi.

Chief Minister Sindh Syed Murad Ali Shah, who likewise holds the finance portfolio of Sindh, will introduce the spending plan on June 15.

Budget 2021-22: Sindh To Allocate Rs 3bn For Public Transport In Karachi

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Sindh government has decided to assign more than Rs3 billion for the obtaining of new buses in Karachi in the provincial budget 2021-22.

The provincial government has decided to launch 10 new mega projects for Karachi in the upcoming budget. Around 24 billion rupees distribution is proposed for the schemes, stated sources.

The budget plan would have water supply and street development projects for the port city.

In the provincial budget plan, allotments have been made for the plans in Lyari, Malir, Baldia Town, Keamari, and the District Central.

The spending proposition remembered 20% addition in pensions of the public authority representatives, while 20% expansion in benefits is likewise expected in the new Sindh financial plan.

The salaries are also expected to be upgraded by the compensation sizes of the workers.

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Chief Minister Sindh Murad Ali Shah, who holds the arrangement of provincial finance also, will present on June 15 the provincial budget plan in Sindh Assembly for the monetary year 2021-22.

 

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