Balochistan follows Sindh’s lead: deficit budget

QUETTA: The government of Balochistan on Tuesday unveiled a deficit budget worth Rs 612.7 billion with a deficit of Rs 72.8 billion for the upcoming financial year 2022-23.

While the ink is still not dry on the budget figures, which were approved at the penultimate moment before being presented to the chamber, the written figures showed that the government was planning revenue of a value of Rs 528.6 billion this year.

This includes federal transfers worth 370.33 billion rupees, 48.37 rupees of provincially generated funds, foreign funds for projects worth 14.36 billion rupees and a bonus of Sui gas lease extension worth Rs 40 billion, capital revenue including state trading revenue worth Rs 12.21. billion, federal grants worth Rs 28.27 billion.

The government also expects Rs 11.40 billion of funds carried over from the current financial year.

Baluchistan Finance Minister Sardar Abdul Rehman Khetran presented the budget to the House and announced a 15% increase in salaries for government employees.

The Finance Minister, while unveiling the features of the annual budget in the House, said that the Baluchistan government has not imposed any new taxes. He said that about 367 billion rupees has been allocated in the budget for non-development expenditures and funds of 191.5 billion rupees have been allocated for development expenditures in the annual budget.

Balochistan government postpones budget announcement at last minute

The Minister of Finance of Balochistan has announced 2,851 new jobs for young people for the next financial year, while 133 billion rupees have been allocated for 3,367 ongoing programs as well as 34 billion rupees allocated for 3,470 new programs in the province.

Khetran said that 26 billion rupees has been earmarked for the health sector while 12 billion rupees has been earmarked for non-development expenditure.

Rs 6.6 billion have been allocated for the supply of drugs and Rs 9 billion for the education sector development project. He added that Rs 61 billion has been earmarked for non-development in the education sector.

Regarding the law and order funds, he announced that they have allocated a total of Rs44 billion. He added that the non-development budget allocation of Rs42 billion and Rs 2 billion for the development of law and order in the province.

In Balochistan, 16 DHQs are given the status of civilian hospitals, Sardar Abdul Rehman Khetran said, adding that a whopping Rs 6 billion has been spent on hospitals in Balochistan to deal with shortage of medicines.

He said his government had struck a great deal with the Reko Diq as it progressed under the leadership of Balochistan leader Abdul Quddus Bizenjo.

Acting President Sardar Babar Musa Khel chaired the budget session of the Balochistan Assembly. The budget session began three hours behind schedule at 4 p.m.

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