Sindh Assembly Shows To Present Budget 2015-16. KARACHI: The Sindh Assembly session is currently underway to unveil the annual tax-free and Rs.10 billion deficit budget of the province with a total outlay of Rs.739 billion for the fiscal year 2015-16, allocating Rs.200 billion for development projects. Speaker Sindh Assembly Agha Siraj Durrani is chairing the budget session. Sindh presents Rs 739b budget for 2015-16
NO.PAS/Legis-Budget-2015-16/2015 – In exercise of the powers conferred upon him by sub-rule (1) of Rule 145 of Rules of Procedure of the Provincial Assembly of Sindh and all other provisions enabling him in this behalf, the Chief Minister of Sindh is pleased to appoint for the purpose mentioned in Column (1) of the sub-joined Table, the day set opposite to it in Column (2) of the Table. Sindh Assembly Shows To Present Budget 2015-16
Presentation of the Budget Statement for the year 2015-16 and Supplementary Budget Statement for the year 2015-16. The provincial receipts are estimated to be a little over Rs132 billion compared to Rs125.06 billion expected last year. —Online/File
Sindh Assembly Shows To Present Budget 2015-16
the budget was presented in the Sindh Assembly provincial Finance Minister Syed Murad Ali Shah. This budget is prepared with focus on overall prosperity of the people through optimal utilisation of the resources to achieve targets of socio-economic development,” the finance minister said during his budget speech.
The provincial receipts are estimated to be a little over Rs132 billion compared to Rs125.06 billion expected last year. Government employees are likely to get 10 per cent pay raise while the minimum monthly salary and pension may be fixed at Rs13,000.
Know more: Sindh budget likely to have Rs722 billion outlay. With a 10-15 per cent increase, the allocation for education sector has been tipped to go up to Rs133-Rs144 billion while the health sector is expected to get an allocation of Rs53 billion for the next fiscal.
The major chunk of Rs106 billion in the education budget has reportedly been earmarked under the non-development head with Rs2.503 billion being spared for education secretariat and Rs2 billion for unforeseen expenditure. Sindh Assembly Shows To Present Budget 2015-16
The sources believe that a sum of Rs65 billion is being earmarked for law and order with allocation for the police to be at Rs60 billion and the Sindh Rangers at Rs2.44 billion. The Frontier Constabulary will get Rs1 billion in addition to Rs5 billion meant for procuring modern weapons. The proposals on law and order include raising of a 10,000-men anti-terror force. Also read: Punjab Assembly presented budget with outlay of Rs1.4tr
The Annual Development Programme is estimated to be at Rs200 billion to complete the 2,370 ongoing schemes and execute 590 new schemes. The sources say the budget has more emphasis on development sector with planning for modernisation of cities. Sindh Assembly Shows To Present Budget 2015-16
The increase in allocation for urban projects is aimed at ensuring a better transport system and availability of clean drinking water. For the rural areas, priorities have been accorded to development projects relating to the lining of canals a better civic infrastructure to the benefit of common man. Read More