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Balochistan budget today.

By: Bari Baloch QUETTA, June 20 (THE NATION): Balochistans budget for the next financial year 2010-11 will be unveiled on Monday (today). Balochistans Finance Minister, Mir Asim Kurd Giloo will present the 2010-11 budget in the session of Balochistan Assembly. All arrangements have been completed in this regard while extraordinary security arrangements have been made to avoid any untoward incident. The Balochistan budget for financial year 2010-11 would be a development-oriented budget with an expected outlay of Rs 45 billion for development actives. Sources said education has been given maximum priority in the budget. The sources in the Provincial Finance Department, though did not disclose the exact total volume of the provinces next financial year budget, yet it had been estimated as up to Rs 120 billion, record increase of around Rs. 45 billion as compared to the current budget due to enhanced share of the province in the NFC-Award and the Gas Development Surcharge (GDS). The non-development budget of the province would be up to Rs 70 billion, the sources said. Talking to newsmen, Mir Muhammad Asim Kurd Giloo said that the provincial budget would be as per aspirations of the people and added that it would be a tax-free budget. He said that education would be given top priority in the new budget as record Rs 22 billion would be allocated for this sector. While the health and water supply sectors would also get additional allocations in the budget, he added. Giloo said that the province would get around Rs 83 billion as per its share under the new National Finance Commission (NFC) Award while Rs 10 to Rs 13billion are expected from direct transfers. He said 20,000 new jobs would be created in the upcoming budget. He also disclosed that the salaries of the government employees and those of the police personnel would be increased and added that it would cost Rs 10 to 15 billion rupees burden on provinces exchequer. He also said that a proposal of setting of up new industries was also under consideration in the budget.

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Publication:The Frontier Star (Northwest Frontier Province, Pakistan)
Date:Jun 20, 2010
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