KARACHI: The Sindh government on Saturday presented the provincial budget for fiscal year 2016-2017 with a total outlay of Rs869 billion. The new budget translates into a rise of around 15 per cent compared to fiscal year 2015-16.
Presenting the budget in the Sindh Assembly, Finance Minister Syed Murad Ali Shah announced 11% increase in education allocating biggest amount of Rs150bn while Rs55bn has been set aside for health.
He complained that federal government still has not given Rs. 112 billion to Sindh during outgoing fiscal year as announced by the federal finance minister Ishaq Dar.
Budget for aid of minorities has been increased by 200%. The combined budget for Sindh Home Department and the police has been suggested to be Rs70bn.
A special package of Rs10bn has been set aside for Karachi in next year’s budgetary proposal.
Syed Murad Ali Shah announced 50,000 new jobs manly in education and home departments. 10 thousands new policemen and women will be appointed in Sindh.
The provincial government will spend 36% of its annual budget on development sector.
Courtesy : TheNews