Just in:  

You are here: Home»Budget & SROs»Provincial

Budgets: Provincial


Punjab Assembly discussed the demand for grants of supplementary budget, here on Wednesday. The supplementary budget, which is expected to over Rs 21 billion, would be passed on Thursday (today). In the session, opposition members were not allowed to present their resolution asking resignation of the Chief Minister Punjab. They later on staged a walkout.

The Sindh Assembly on Wednesday adopted Sindh Finance Bill 2014 with a unanimous vote to pass Rs686.179 billion provincial budget for next fiscal year 2014-15. The bill, which envisages a collection of Rs3.2 billion revenue through tax-base spread during the next fiscal year, reduced sales tax on services from 16 percent to 15 percent. However, the tiny opposition called the proposed taxes an additional financial burden on the public.
The government of Gilgit-Baltistan here on Monday presented a budget of Rs 27 billion in the budget session of the regional legislative assembly. According to the details, a sum of Rs 18 billion has been allocated for non-development projects' expenditures while Rs 9 billion have been proposed for developmental expenditures.
Provincial Health Minister Rahmat Saleh Baloch on Friday said there are no secret funds in Balochistan Budget 2014-15, presented in the Balochistan Assembly on Thursday. In his statement issued here, he said Balochistan Chief Minister Dr Abdul Malik Baloch has already said the budget is a public document and all people have access to it. "The incumbent government did not include secret funds in the Budget and strictly adopted the principle of transparency," he said.
Azad Kashmir Government on Friday announced it's over Rs 62 billion budget with a development outlay of 10.51 billion rupees. AJK Minister for Finance Chaudhary Latif Akbar presented the budget for fiscal year 2014-15 and revised estimates of current fiscal year budget in AJK legislative Assembly's special sitting.
The coalition government of Balochistan presented a Rs 215.713 billion deficit budget for financial year 2014-15, here in the assembly session on Thursday evening. Speaker Mir Jan Muhammad Jamali presided over the budget session. Advisor to Chief Minister on Finance, Mir Khalid Langov presented a Rs 215.713 billion deficit budget for fiscal year 2014-15. The deficit of the budget is Rs 15.662 billion.
The Balochistan Cabinet on Thursday approved provincial budget for Fiscal Year 2014-15 with total volume of Rs 215.713 billion. The meeting, presided over by Chief Minister Balochistan Dr Abdul Malik Baloch at CM Secretariat, discussed the salient features of the second budget of the coalition government of PML-N, National Party and PkMAP. The total outlay of the Budget for FY 2014-15 is Rs 215.713 billion compared to the current year's Rs 198.395 billion budget.


Index Closing Chg%
Arrow DJIA 17,356.87 1.69
Arrow Nasdaq 4,644.31 2.12
Arrow S&P 2,012.89 2.04
Arrow FTSE 6,336.48 0.07
Arrow DAX 9,544.43 0.20
Arrow CAC-40 4,111.91 0.46
Arrow Nikkei 16,819.73 0.38
Arrow H.Seng 22,585.84 0.37
Arrow Sensex 26,710.13 0.27

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 15, 2014
Reserves $13.922 bln