Sindh Chief Minister Syed Murad Ali Shah unveiled Rs1.04 trillion budget for next fiscal year 2017-18 on Monday.
Shah, who also holds the portfolio of minister for finance, delivered the budget speech at around 3pm after Sindh cabinet approved budgetary estimates for the upcoming financial year and revised budget for the outgoing fiscal year 2016-17.
In his budget speech, the chief minister said the federal government had promised his government to provide Rs493 billion; but, during past 11 months, only Rs425b were released.
The CM went on to say that the PPP-government has improved the quality of Transport and Education in the province. “88 per cent of the development funds will be spent this year,” he added.
Education
Education’s got the lion’s share in Sindh budget 2017-18, as Rs202 billion have been set aside for this sector.
A sum of 100b will be spent on new and existing universities and colleges in the province.
Rs1.5b will be given to girl students in scholarships.
School management committees will be provided Rs1b for improving the quality of education.
Health
A total of Rs100 billion has been allocated for health sector.
Taxes
A sum of 199 billion will be collected from taxes in next financial year.
Salaries and Pensions
A 10% raise has been proposed in the salaries and pensions of provincial government employees.
