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.
(THROUGH ASIA PULSE)