Rs 43.7851 bln fiscal year (2016-17) GB budget announced

Rs 43.7851 bln fiscal year (2016-17) GB budget announced

GILGIT, Jun 24 (APP): Senior Minister Gilgit-Baltistan Legislative Assembly, Haji Muhammad Akbar Taban on Friday presented
Rs 43.7851 billion provincial budget for fiscal year 2016-17.

The new fiscal budget includes Rs 25.361 billion of non
development expenditures and Rs 12.38 billion of Annual Development
Program, and allocation for food subsidies is 6.450 billion.

A 10 percent increase has been made in salaries of provincial
government employees and pensioners, and 4,100 new jobs in
government departments will be created with the proposals in the new

The Public Sector Development Program has outlay of Rs 2.billion including schemes for education, health, law and order, irrigation and agriculture, communication, infrastructure, water and energy sectors.

A sum of Rs 94, 96, 70,000 was allocated for education. Funds
were suggested for construction of new buildings of schools,
provision of basic necessary facilities to them including drinking
water, walls and provision of furniture while the up gradation of
schools was among the program.

Health sector would receive a sum for over Rs 81, 93, 62,000
for its development. Under the new health budget, new health centers
will be established while already hospitals and basic health centers
will receive machinery, medicines and other necessary facilities.

A sum of over Rs 46, 62, 17,000 was allocated for livestock
and agriculture sector, for internal security and prison a sum of
Rs.43, 31, 88,000 was allocated.

For the sectors of information, services, administration and
cabinet a sum of Rs.3, 56, 2800 was allocated.

For power sector a sum of Rs.62, 30, 33,000 was allocated,
which is 30 percent of total development budget. For law and justice
a sum of Rs.11, 21, 39 was allocated. For excise and taxation a sum
of Rs.4, 0,300000 was allocated. For physical Planning and housing
Rs.46, 86, 61000.

However for irrigation sector 4,96,31,000, for agriculture,
animal husbandry sector a sum of Rs. 46,62,17000, for forestry,
wildlife ,environment sector 29,30,75,000, for youth affairs,
tourism, sport and culture 55,75,72,000.

For mineral and industries 22, 80, 22,000, for LG and RD a sum
of Rs.400,000,000 was allocated.

It was PML(N) government second budget in Gilgit-Baltistan.

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