Saturday, July 31, 2021

Sindh rolls out annual budget for FY2021-22 today


KARACHI: The PPP-led Sindh government is all set to roll out its budget for the fiscal year 2021-22 with an outlay of Rs1.4 trillion in the provincial assembly today.

The provincial government will present a no-tax budget in the provincial legislature, to be announced by Chief Minister Syed Murad Ali Shah in his budget speech, sources relayed.

In the annual budget, Rs222 billion allocation has been earmarked for the provincial development programme, according to the government sources.

Also Read: Sindh to allocate Rs9bln for infectious diseases hospitals in budget

The provincial budget for the year 2021-22 proposes a 20 to 25 per cent raise in salaries and pensions of the government employees. The minimum wage for the labourers is expected to be set at Rs25,000, the sources said.

The provincial government will announce a special development package for Karachi in the new budget, with an allocation of Rs24 billion for launching 10 new mega projects for the metropolis.

Also Read: Sindh budget 2021-22: Social protection, poverty alleviation programs to get more funds

The budget papers propose 55 per cent allocation of total development budget for education, health and the law and order, according to sources.

In new Sindh budget, recruitment in the police department and raise in announces will likely to be announced.

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