Balochistan’s budget for the next financial year is likely to be presented on June 16.
According to the sources of the finance department, the size of the budget for the financial year 2023-24 is likely to be up to 700 billion rupees, the estimated revenue in the budget is 529 billion 32 crore rupees.
According to sources, the budget deficit for the next fiscal year is likely to be more than 150 billion, while the development budget may be around 200 billion rupees.
Sources say that the budget includes a proposal to provide more than 5,000 jobs and increase the salaries of government employees by 30 percent.
In the upcoming budget, the estimated income of Balochistan from own resources is 60 billion 32 billion rupees, distributable revenue under NFC award and income from other sources is estimated at 413 billion rupees.
According to the sources, it is proposed to keep 90 billion rupees for education in the budget of the next financial year, while 60 billion rupees are proposed to be kept for law and order and 50 billion rupees for health.
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