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Articles for tag: Budget, Budget 2024-25, Development, focus, heavy, Latest, Murat Ali Shah, Sind, Sindh, Social, trillion, unveils, welfare

June 14, 2024

News Desk

Sindh unveils Rs 3.056 trillion budget with heavy focus on development, social welfare

KARACHI: Sindh Chief Minister Syed Murat Ali Shah on Friday presented a budget of Rs 3.056 trillion for the financial year 2024-2025. The budget includes a significant increase in development spending and proposes wage increases of 22 to 30 percent. The budget allocates Rs 959 billion, or 31 percent, for development projects, underscoring a strong commitment to infrastructure and social services. Projected revenue for the province is over Rs 3 trillion, with 62% coming from federal transfers and 22% from provincial collections. Other sources of revenue include capital receipts, foreign aid for projects and grants. The expenditure breakdown shows Rs

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