Balochistan Finance Minister Mir Shoaib Ahmed Nosherwani on Friday presented the provincial budget for the financial year 2024-25.
In the assembly session, the finance minister said it was a surplus budget with the total expenditure expected to be at Rs930.20 billion against the total earmarked receipts of Rs955.60 billion in the financial year 2024-25.
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On the revenue side, the provincial government expects Rs726.668 billion in receipts from the federal government, Rs124.489 billion in provincial own receipts, and Rs69.618 billion in capital receipts.
Meanwhile, in expenditures, the Balochistan government proposed Rs564.892 billion for the current revenue expenditure, Rs22.152 billion for capital expenditure, and Rs219.561 billion for Public Sector Development Programmes (PSDP).
Salaries and pensions
The provincial government proposed a 25% increase in the salaries of government employees of Grade 1 to 16, while a 22% raise for the employees falling between Grade 17 to 22.
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In pensions of the retired employees, the government earmarked a 15% increase for FY25.
Education
For the education sector, the total developmental and non-developmental expenditure budget was earmarked at Rs146.9 billion for FY25, 52% up from Rs96.5 billion in FY24.
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