KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that funds for development and non-development will be allocated in the next budget for 2018-19 for the whole financial year but authentication for utilization of the budget would be made only for four months.
This he said while talking to media persons at a local hotel where he inaugurated China-Pakistan Skilled and Technical Education International Conference, said a statement on Wednesday.
The event was organized by Sindh Board of Technical Education in collaboration with other partners.
He said that there are two parts of the budget with the first part as supplementary which deals with the expenditures of the current financial year.
Normally the assembly passes the grants and if the amount of the grants exceeds than the approved budget, the sitting government is responsible to get them approved from the assembly before end of June, he said and added therefore his government would present supplementary budget in the assembly.
Talking about next budget, the CM Sindh said that there would be allocations for salary component and other non-development expenditures for the whole financial year, 2018-19 but authentication for utilization of the budget would be made only for four months means upto September 2018.
Similarly, 'We would allocate budget for the on-going development schemes for the whole financial year 2018-19 so that they can be completed but again authentication for their utilization would be made only for four months up to September 2018,' he said and added this would help the next government to make changes whatever they feel fit.
Earlier, the CM Sindh addressing the China-Pakistan Skilled and Technical Education International Conference said that it would help different technical institutes of the province to work with leading Chinese institutes as their partners or in their affiliations.
The CPEC and its projects are going to open a flood gate for creating employment opportunities.
Therefore, there would be a dire need skilled staff and specialists or experts to establish and run the new projects, he said.
Murad Ali Shah said that the CPEC projects also demands that our new generation along with English language must learn Chinese so that this gap of communication could be filled between the two nations.
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