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Business & Finance

CM chairs preliminary meeting for next budget

Published February 22, 2018 Updated February 22, 2018 03:49pm

KARACHI: Sindh Chief Miniser Syed Murad Ali Shah Thursday gave guidelines to his team to control non-development expenditures and asked to increase an allocation in social sector.

He recommended the guidelines while presiding over a meeting regarding preparation of next budget 2018-19 at the chief minister house, said a statement issued here.

Chairman of Planning and Development Mohammad Waseem, Principal Secretary to CM Sohail Rajput, experts and officials concerned attended the meeting.

The chief minister was told that during 2016-17 the total provincial receipts including Sindh Revenue Board (SRB) GST on Services, tax excluding GST and non-tax were Rs.166.033 billion.

In 2016-17, the provincial receipts rose Rs.159.294 billion in the same heads and during 2017-18 the estimated amount remained Rs.199.627 and receipts of first seven months stood around at Rs.100 billion.

The meeting was informed that during the current financial year 2,974 schemes including 2,158 on-going and 816 new are in progress against an amount of Rs.244 billion including Rs. 39.884 million revenue.

The Sindh government in respect of personal interest and intervention has released 60 percent of the allocated amount which comes to Rs.146.388 billion which itself is a record while the 50 percent of the released amount is Rs.72.485 billion has been utilized.

He said that the health department was showing some progress particularly in the hospitals which have been out-sourced, therefore this policy must be strengthened and more health units may be out-sourced in the next financial year.

He said that his leadership has urged him to work out special programmes for women, youth and for poverty alleviation.

Giving his priorities, he said that first priority would be education, the others are health, water & sanitation and agriculture. Adding that next year he would give special focus to improvement sector.

 

Copyright APP (Associated Press of Pakistan), 2018
 

 

 

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