QUETTA: A
tax-free budget for the next financial year 2014-15, with a record
outlay of Rs215.71 billion, was presented in the Balochistan assembly on
Thursday.
The provincial budget showed a total deficit of over Rs15.66 billion.Adviser to Chief Minister for Finance Mir Khalid Lango presented the budget, which is the second of the present coalition government led by Dr Abdul Malik Baloch. Speaker Mir Jan Muhammad Jamali chaired the budget session.A ten percent increase in the salaries of government employees as well as in the head of pensions of retired employees has been made in the budget.
Delivering the budget speech, Mir Khalid Lango said that the new budget includes Rs50.741 billion of the Annual Development Programme (ADP) and Rs164.971 billion for non-development expenditure.
The federal direct receipts to the province in the budget are estimated at over Rs141 billion with Rs39 million to be received through other heads.Balochistan will collect income of Rs8.97 billion from its own resources, he added. The budget deficit, Lango said, would be met through strict savings and austerity measures to be adopted by the government to cut down its expenditure.
Mir Khalid Lango said that over Rs17 billion have been allocated in the budget for the maintenance of law and order. Similarly, he said, over Rs28 billion have been allocated for the education sector and over 14 billion have been earmarked for the health sector.
In the new fiscal budget, 3,925 new vacancies would be created in order to resolve the issue of unemployment, he announced.Lango also mentioned certain measures proposed for the uplift of different sectors in the province, including livestock, agriculture, industries, irrigation, the roads sector and sports.
He said that establishment of the Balochistan Revenue Authority has been proposed while the Balochistan Mineral Board would also be established during the next financial year.He said the provincial government would do everything possible to provide necessary relief to the masses.
He said an educated, self-sufficient and prosperous Balochistan is the provincial government’s dream.Earlier, the provincial cabinet headed by Chief Minister Dr Abdul Malik Baloch approved the budget for the fiscal year 2014-15.
APP adds: Mir Khalid Lango said Rs1 billion funds have been earmarked in the new fiscal budget for the execution of solar home systems to provide electricity to 300 villages, adding that such projects after implementation would help in meeting the energy requirements.
He said the Balochistan budget for 2014-15 includes Rs2.723 billion in foreign aid.Referring to the water issue, he said that an amount of Rs400 million was allocated for the installation of a solar energy system to supply electricity to water supply schemes.
He said Rs200 million have been allocated for repairing and renovating schools damaged in the earthquake in Awaran district. He said Rs50 million have been allocated for the repair and renovation of the Quaid-i-Azam Residency in Ziarat that was damaged and burnt down in a terrorist attack.
Mir Lango said the Public Accounts Committee of the Balochistan Assembly would be set up with immediate effect and there would be a ban on spending government funds for medical treatment in foreign countries and reception ceremonies in hotels on government expense. He added that a complete ban has been imposed on the purchase of luxury vehicles for government departments.
The provincial budget showed a total deficit of over Rs15.66 billion.Adviser to Chief Minister for Finance Mir Khalid Lango presented the budget, which is the second of the present coalition government led by Dr Abdul Malik Baloch. Speaker Mir Jan Muhammad Jamali chaired the budget session.A ten percent increase in the salaries of government employees as well as in the head of pensions of retired employees has been made in the budget.
Delivering the budget speech, Mir Khalid Lango said that the new budget includes Rs50.741 billion of the Annual Development Programme (ADP) and Rs164.971 billion for non-development expenditure.
The federal direct receipts to the province in the budget are estimated at over Rs141 billion with Rs39 million to be received through other heads.Balochistan will collect income of Rs8.97 billion from its own resources, he added. The budget deficit, Lango said, would be met through strict savings and austerity measures to be adopted by the government to cut down its expenditure.
Mir Khalid Lango said that over Rs17 billion have been allocated in the budget for the maintenance of law and order. Similarly, he said, over Rs28 billion have been allocated for the education sector and over 14 billion have been earmarked for the health sector.
In the new fiscal budget, 3,925 new vacancies would be created in order to resolve the issue of unemployment, he announced.Lango also mentioned certain measures proposed for the uplift of different sectors in the province, including livestock, agriculture, industries, irrigation, the roads sector and sports.
He said that establishment of the Balochistan Revenue Authority has been proposed while the Balochistan Mineral Board would also be established during the next financial year.He said the provincial government would do everything possible to provide necessary relief to the masses.
He said an educated, self-sufficient and prosperous Balochistan is the provincial government’s dream.Earlier, the provincial cabinet headed by Chief Minister Dr Abdul Malik Baloch approved the budget for the fiscal year 2014-15.
APP adds: Mir Khalid Lango said Rs1 billion funds have been earmarked in the new fiscal budget for the execution of solar home systems to provide electricity to 300 villages, adding that such projects after implementation would help in meeting the energy requirements.
He said the Balochistan budget for 2014-15 includes Rs2.723 billion in foreign aid.Referring to the water issue, he said that an amount of Rs400 million was allocated for the installation of a solar energy system to supply electricity to water supply schemes.
He said Rs200 million have been allocated for repairing and renovating schools damaged in the earthquake in Awaran district. He said Rs50 million have been allocated for the repair and renovation of the Quaid-i-Azam Residency in Ziarat that was damaged and burnt down in a terrorist attack.
Mir Lango said the Public Accounts Committee of the Balochistan Assembly would be set up with immediate effect and there would be a ban on spending government funds for medical treatment in foreign countries and reception ceremonies in hotels on government expense. He added that a complete ban has been imposed on the purchase of luxury vehicles for government departments.
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