KARACHI, July 5: New Karachi Town announced Rs326.579 million budget for the fiscal 2006-07 on Wednesday. The budget documents show that the town’s anticipated income during fiscal year will be Rs327.457m as against its total expenditures of Rs326.579m, indicating a surplus of Rs0.878m.

Unfolding details of the budget at a news conference, the town nazim said Rs136.105m had been allocated for undertaking uplift works whereas Rs190.474m have been earmarked for non-development works.

Giving a break-up of the development expenditures, he said Rs37.6m were earmarked for construction and repair of roads, streets and footpaths, followed by Rs18.05m for new parks and playgrounds; Rs13m for construction and repair of union councils’ streets; Rs10m for provision of street lights; Rs15m under the head of electricity charges; Rs1.50m for providing lights in parks; Rs6m for construction of an amusement park, a stadium and a swimming pool; Rs2.5m for raising town office’s second floor; Rs5.200m for repair of lines; Rs10m for purchasing diesel for sweeping department’s vehicles; Rs11.755m for purchasing vehicles and machines; Rs5m for citizens community board.

Opinion

Editorial

GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...