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Gilgit-Baltistan unveils Rs. 31.92b budget

By Shabbir Mir for Express Tribune

GILGIT: The Gilgit-Baltistan (G-B) budget for fiscal year 2015-16 with a total outlay of over Rs31.921 billion was presented on Sunday.

Gilgit-Baltistan Chief Minister Hafiz Hafeezur Rahman presented the budget during the budgetary session of the legislative assembly, chaired by Speaker Fida Muhammad Naushad.

With the formation of the G-B cabinet yet to be completed, the chief minister presented the budget himself after the speaker allowed him to do so.

In the budget, Rs21.984 billion has been allocated for non-development expenditures while Rs9.937 billion for development expenditures.

In order to facilitate students in G-B, he said laptops will be provided to students who do not fall under the jurisdiction of the Karakoram University.

“We will have a fund of Rs200 million to help deserving students,” the chief minister added.

During the next fiscal year, 200km roads would be metaled, while 100km long roads would also be constructed.

GB Budget 2015 Summary

GB Budget 2015 Summary

Source: Radio Pakistan

1. In the Rs. 31.92 billion GB budget, power sector remains on top priority with allocations of 2049.74 million rupees.

2. Second priority has been given to Transport and communication sectors for which 1019.94 million rupees have been allocated.

3. The Chief Minister announced seven point five per cent increase in the salaries and pension of Provincial Government employees.

4. Besides, 700. 64 million rupees have been allocated for education, 590. 47 million for health, 390.15 million for Physical planning and housing, 290. 20 million for Agriculture, animal husbandry and Fisheries sectors have been earmarked.

5. Chef Minister said 130. 76 million rupees for Forest and Environment,180.15 million rupees for tourism, culture and youth development and 80.22 million rupees for minerals, mines, industries and commerce sectors.

6. He said 420. 62 million rupees for area Rural and Urban development, excise and taxation 10. 43 million, information 6.5 million and Law department 40 million rupees have been allocated.

7. The Chief Minister said special attention is being given to improve law and order and 230 million rupees have proposed for Home and police department to improve its capability.


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