Tuesday , October 19 2021

Balochistan Budget 2021-22 Pakistan

QUETTA: The budget of Balochistan for the next financial year 2021-22 will be presented today. The total volume of the budget is likely to be more than 500 billion.

The budget session in the Balochistan Assembly will begin at 04:00 pm while the provincial finance minister Zahoor Buledi will present the budget. According to government sources, the budget deficit will be up to Rs 100 billion.

Balochistan Budget 2020-21 Pakistan

The budget for the next financial year is likely to allocate Rs 90 billion for education and Rs 40 billion for health while Rs 60 billion will be allocated for law and order. The budget has allocated Rs 140 billion for development expenditure while non-development expenditure.

Balochistan Budget 2021-22 Pakistan

The budget also includes foreign aid projects worth Rs 12.177 billion for public development projects. A development program budget of Rs. 5 billion has been earmarked for the revenue-generating districts.

 

In the next financial year, 17% of the budget has been allocated for education, 10 % for health, 4 % for local bodies, 4 % for irrigation, and more than 9 % of the total provincial budget for communication and construction.

The budget has allocated Rs 118256 crore for development expenditure while over Rs 309 billion has been allocated for non-development expenditure. The total revenue from federal, provincial, and other sources in the budget is estimated at more than Rs. 377 billion. In addition, 6840 vacancies have been announced while no increase has been mentioned in the salaries of government employees.

The budget allocated Rs 23.981 billion for development, Rs 7.050 billion for development, Rs 44 billion for non-development, Rs 4.121 billion for development, and Rs 11.071 billion for non-development.

For higher education, Rs. 11.783 billion has been earmarked for the non-developmental sector, Rs. 9.107 billion for the overall development of the education sector and Rs. 51.873 billion for the non-developmental sector. 0.382 billion for food and Rs. 743.578 billion for non-development, Rs. 4.184 billion for development and Rs. 12.995 billion for non-development, Rs. 33.873 billion for development and communication and Rs. 11.397 billion, Rs. 15.006 billion in total development for irrigation and irrigation and Rs. 4.553 billion in non-development, Rs. 0.534 billion in development for minerals and mineral resources and Rs. 3.624 billion in non-development for fisheries. Rs 0.827 billion has been earmarked for development and Rs 1.232 billion for non-development.

Rs 2.518 billion in development for the energy sector and Rs 6.851 billion in non-development, Rs 0.200 billion in development for the environment and climate change, and Rs 0.450 billion in non-development, Rs 0.949 billion in development for animals, and 4.592 billion has been earmarked for non-development, Rs. 0.061 billion for the development of labor and manpower and Rs. 2.258 billion for non-development.

Rs 0.524 billion in development for industry and handicrafts and Rs 1.946 billion in non-development, Rs 1.444 billion in development for social welfare and protection, and Rs 11.711 billion in non-development, Rs 5.340 billion in development for sports and youth. And 1.041 billion has been allocated for non-development.

For culture, tourism, and archeology, Rs. 0.941 billion has been allocated for development and Rs. 0.465 billion for non-development, Rs. 0.869 billion for the development of science and information technology and Rs. 0.398 billion for non-development.

The total number of ongoing development schemes in the province is 934 of which 60.875 billion while the total number of new development schemes is 1634 for which Rs 57.381 billion has been allocated.