CM Murad presents Sindh Budget 2018-19 but authorises it for only 3 months

Published May 10, 2018
Sindh CM Murad Ali Shah announces provincial budget for fiscal year 2018-19. — DawnNewsTV
Sindh CM Murad Ali Shah announces provincial budget for fiscal year 2018-19. — DawnNewsTV

Sindh Chief Minister Murad Ali Shah on Thursday unveiled the budget for the fiscal year 2018-19, announcing that it would only be authorised for three months.

However, to arrive at the amount the budget estimates were made for the entire year, he clarified.

Shah, in his budget speech on Thursday, said the PPP government had set a strong precedent of presenting public friendly budgets during past five consecutive years.

The sixth budget being presented before the house for the first quarter of the fiscal year 2018-2019 was claimed to be equally focused on resolving the problems faced by the masses.

“We have done our best to provide needed relief to the people in general,” Shah said about the proposed budget which includes a 10 per cent increase in the salaries and pension of the public sector employees, coupled with the creation of around 46,000 new jobs.

Special provisions were said to be made for people with limitations including those with disabilities.

Under the proposed budget Rs282 billion have been allocated for annual development programme (ADP) including Rs30bn for district packages and Rs50bn for new schemes to be introduced by the next government.

The government will complete a record 714 development projects in the ongoing year, the chief minister claimed.

Shah announced that Rs105bn has been earmarked for security and Rs72bn would go to local governments.

On the receivables end, Shah said Rs120bn is planned to be raised from sales tax on services complimented by Rs665 billion from the federal divisible pool.

The chief minister lamented that the federal government had not only revised down the federal transfers to the Sindh government but also failed to even completely provide the revised amount.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Power lunch
Updated 20 Jun, 2025

Power lunch

However things develop in the Israel-Iran war, Pakistan must maintain its position, and stand by its neighbouring state.
Refuge denied
20 Jun, 2025

Refuge denied

ON World Refugee Day, it is essential we confront the scale of human displacement, which has now reached...
Income tax rate
20 Jun, 2025

Income tax rate

FINALLY, some clarity. After the confusion created over the applicable rate on the lowest income tax bracket due to...
Brewing catastrophe
Updated 19 Jun, 2025

Brewing catastrophe

If Mr Trump makes the mistake of plunging into the fight on Israel’s behalf, the world will enter very dangerous territory.
Pension bill
19 Jun, 2025

Pension bill

IT is, indeed, a worrying conundrum. The federal government’s annual pension burden now exceeds its fiscal space...
Abandoned Karachi
19 Jun, 2025

Abandoned Karachi

THE explosive mix of decay, institutional apathy and corruption has, once again, placed Karachi among the bottom ...