Muzaffarabad: The budget of Azad Kashmir government of Rs. 163.70 billion was presented today. It has been proposed to set aside Rs. 28.50 billion for development works.
Azad Jammu & Kashmir Budget 22-2023
A 15 per cent increase in salaries and pensions of government employees is proposed, including Rs 28.50 billion for development works. The Legislative Assembly will meet this morning at 10:30 AM.
The budget is likely to allocate Rs 1.75 billion for health, Rs 3.20 billion for education, Rs 10 billion for communications, and Rs 4.80 billion for physical planning and housing.
Azad jammu and kashmir budght 2022_23
The ruling party in Azad Kashmir, PML-N, will present its final budget in the Legislative Assembly. The budget proposes to allocate a maximum of Rs. 10 billion for the transport and communication sector. A capital divisional development package of Rs. 2.5 billion is being introduced under which Muzaffarabad, Rawalpindi, and Mirpur will be made model cities.
In the next budget, the funds for the Prime Minister’s Community Infrastructure Program have been reduced by 50 percent. In the budget, funds have been allocated for the establishment of a 200-bed hospital and trauma center in Muzaffarabad.
A Tourism Development Authority will also be set up to promote tourism, and a 22-megawatt Jagran Four project will be launched to boost power generation.